20/11/2013

Npower To Sell Almost 800,000 Customer Accounts

Almost 800,000 accounts of electricity and gas customers are to be sold by Npower to Telecom Plus brand, Utility Warehouse.

The sale of the 770,000 accounts will net Npower £218 million pounds and leave them with some 4.6 million accounts.

Utility Warehouse will see their customer numbers more than double to 1.2 million.

Npower have said that the Energy Plus and Gas Plus customers will see no change to their services.

It is understood that the sale is still subject to approval by Telecom Plus shareholder, but Npower hope to have the transfer completed by January 2014.

(MH/CD)

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