Centrica's British Gas to take on customers of failed People's Energy

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Centrica's British Gas has been appointed to take on the nearly 350,000 customers of small supplier People's Energy which ceased trading last week.

A British Gas sign is seen outside its offices in Staines in southern England, July 31, 2014. REUTERS/Toby MelvilleBritish Gas has been appointed to take on the nearly 350,000 customers of small supplier People's Energy which ceased trading last week.

"Outstanding credit balances, including money owed to both existing and former domestic customers of People’s Energy will also be honoured," Ofgem said in a statement.

 

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Looks like one of failed People's Energy directors has been involved in numerous dissolved companies. Guess he's used to being bailed out

With the English diet, I would imagine that British Gas can be quite fearsome.

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