Ecotricity has made a cash offer for Good Energy, valuing the company at £45.3 million excluding the shares it already owns, or £59.6 million when included.
Good Energy has branded Ecotricity’s potential acquisition as a “highly opportunistic approach” following the latter making three indicative offers for the company.
Environmental levies should be moved off of electricity bills to make sure it's always cheaper to run a heat pump than a boiler according to business and civil society groups.