Co-op to supply GB Energy's customers despite £1.8m fine

Co-op Energy to honour outstanding credit balances after Ofgem’s decision to appoint it to take over 160,000 customersThe energy regulator has chosen Co-operative Energy – a company it last month fined £1.8m – to take over the supply GB Energy’s gas and electricity customers.Ofgem has been working behind the scenes since GB Energy’s collapse at the weekend to appoint a “supplier of last resort” to take over all of the company’s 160,000 custom