{"id":126709,"date":"2026-10-09T12:15:24","date_gmt":"2026-10-09T11:15:24","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=126709"},"modified":"2026-10-09T12:12:36","modified_gmt":"2026-10-09T11:12:36","slug":"e-on-and-ovo-confirm-takeover-is-complete","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/e-on-and-ovo-confirm-takeover-is-complete\/","title":{"rendered":"E.ON and OVO Confirm Takeover Is Complete, With an Important Message for 10 Million Customers"},"content":{"rendered":"\n

For households, the immediate message is that nothing changes. Existing tariffs <\/strong>will remain in place, customer service arrangements will continue as normal, and both companies have promised advance notice of any future changes. The takeover nevertheless raises questions about competition, consumer choice and the growing concentration of Britain’s energy supply market.<\/p>\n\n\n\n

What the E.ON and OVO Takeover Means for Customers<\/strong><\/h2>\n\n\n\n

The acquisition brings together E.ON Next, which supplies approximately 5.6 million UK customers, and OVO Energy,<\/strong> which serves around 4 million. The combined business becomes Great Britain’s second-largest household energy supplier, behind Octopus Energy. E.ON has confirmed that customers of both companies will experience no immediate changes following completion of the transaction. All existing tariffs will be honoured in full, while established customer service channels will remain available.<\/p>\n\n\n\n

The companies have also committed to giving customers sufficient notice before introducing any changes that might affect their accounts or services. The transaction was initially announced in May, with E.ON Next<\/strong> outlining plans to strengthen its residential energy business through the addition of OVO’s technology, capabilities and customer base.<\/p>\n\n\n\n

Chris Norbury, chief executive of E.ON UK<\/a>, said the company’s immediate priority remained supporting customers across both businesses. “We are pleased to have completed this acquisition but our first priority is unchanged: looking after our customers, in both E.ON Next and in OVO<\/em>,” he said.<\/p>\n\n\n\n

Norbury also described the market as “fiercely competitive”, arguing that greater scale and flexibility would help the company serve customers while adapting to changes in the energy system.<\/p>\n\n\n\n

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The sale of our UK energy retail business is now officially complete, and from today we are part of E.ON.

If you're an OVO customer, nothing changes for you right now. Accounts, tariffs, payment arrangements and customer support all continue as they are today, and you don't need\u2026 pic.twitter.com\/qDpDezTWPg<\/a><\/p>— OVO (@OVOEnergy) October 8, 2026<\/a><\/blockquote>