Bulb customers will be getting an urgent message over the future of their energy bills this week after the sale of the company was finalised with Octopus.
Bulb Energy has now been acquired by Octopus Energy and customers will be contacted about the completion of the takeover and what the next steps are, if they haven't already. Octopus announced that it would be acquiring Bulb back in October 2022 but the sale was only completed a few days ago.
The takeover finalised on December 21 but with the Christmas break many customers are only just finding out about the transfer. The sale comes at a time when the energy price cap rises to an annual level of £4,279 in January 2023, but bill-payers remain protected under the government’s Energy Price Guarantee (EPG).
