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Aug 10, 2023Fuse Energy Launches as New UK Supplier With Cheapest Electricity Prices
Former Revolut Ltd. employees are launching Britain’s first energy supplier in two years, a sign that a more stable market is helping new companies make inroads in the industry.
Fuse Energy Supply Ltd. was founded by Alan Chang and Charles Orr, alumni of the fintech giant, with backing from investors including former Formula One driver Nico Rosberg. Fuse owns solar farms in the south of England and a wind farm in Scotland, and said it will offer the cheapest electricity tariff this summer.