The Office of Gas and Electricity Markets (Ofgem) has appointed British Gas to take on supplying Rebel Energy Supply Ltd’s 84,000 domestic customers and 6,000 non-domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers, it said in a media release.
British Gas has posted record profits, fuelled by Ofgem’s lucrative allowances in the energy price cap, with the household energy giant reporting a near ten-fold increase in its earnings.