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Daily Mirror
Daily Mirror
Business
Kit Roberts

Octopus Energy to take over Bulb after collapse - what this means for 1.5million Brits

The government has approved a deal for energy supplier Bulb to be purchased by Octopus Energy.

Bulb went into administration last year due to soaring wholesale prices for gas and electricity, with the government now approving a deal for the company to bought by Octopus Energy.

Octopus has confirmed that they will be retaining the branding and technology of Bulb for an interim period while Bulb's 1.5 million customers are transferred over to Octopus.

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