Wiltshire-based energy supplier Good Energy has announced a major acquisition deal just weeks after agreeing with Ofgem it would pay out hundreds of thousands of pounds in refunds to customers who were overcharged on their tariffs.
Chippenham-headquartered Good Energy has acquired heat pump installation and services business Igloo Works for an initial £1.75m less than a month after confirming it would refund £453,000 - as well as making a goodwill payment of £200,000 - to Feed-In Tariff (FIT) customers who had been charged an unauthorised £25 administration fee on a quarterly basis.
According to the energy watchdog, 500 of Good Energy's more than 182,000 FIT customers per quarter were affected, with 1,167 having had the charge applied at least once.