Octopus Energy Becomes Britain's Second Largest Energy Supplier After Completing Shell Customer Switch
Quote from VATcal on 02/04/2024, 20:51Octopus Energy has finalised the transfer of 1.3 million household accounts from Shell Energy, making it the second-largest energy supplier in Britain. This achievement comes just two months after acquiring Shell's retail arm in December 2023.
The swift migration surpasses Octopus's previous record by four months, set when they took over Bulb's 1.5 million customers in 2021. "We are thrilled to have completed the transfer of all Shell Energy customers to Octopus Energy, achieving this milestone in record time." said Greg Jackson, founder of Octopus.
For the former Shell customers now under Octopus, there will be no major changes to their service. The most noticeable difference will be how they receive their bills.
This acquisition solidifies Octopus's position as the biggest supplier of electricity in the UK, placing them firmly behind British Gas as the overall leader in the energy market.
Octopus Energy has finalised the transfer of 1.3 million household accounts from Shell Energy, making it the second-largest energy supplier in Britain. This achievement comes just two months after acquiring Shell's retail arm in December 2023.
The swift migration surpasses Octopus's previous record by four months, set when they took over Bulb's 1.5 million customers in 2021. "We are thrilled to have completed the transfer of all Shell Energy customers to Octopus Energy, achieving this milestone in record time." said Greg Jackson, founder of Octopus.
For the former Shell customers now under Octopus, there will be no major changes to their service. The most noticeable difference will be how they receive their bills.
This acquisition solidifies Octopus's position as the biggest supplier of electricity in the UK, placing them firmly behind British Gas as the overall leader in the energy market.
