Bulb goes bust: What customers need to know now
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK energy supplier Bulb has been placed into special administration, making it the biggest company to go bust as a result of soaring gas prices so far and hitting 1.7m customers. The Bulb outage means that around 3.7 million customers had been affected by the energy crisis, following the likes of Avro Energy and Green Supplier Limited going out of business. Commenting on the collapses, Ofgem director of retail Neil Lawrence said: “I want to reassure customers of Avro Energy and Green Supplier Limited that they do not need to worry. If you have credit on your Avro Energy or Green Supplier Limited account this is protected and you will not lose the money that is owed to you.” Asked about Bulb’s difficulties, prime minister Boris Johnson’s official spokesperson said Ofgem was “carefully” monitoring the impact of high energy prices.
History of this topic
Ofgem report: British Gas among 17 energy suppliers told to improve approach to vulnerable customers
The Independent
Cost of Bulb bailout rises to £6.5bn
The Independent
Bulb Energy boss still being paid £250,000 after taxpayer bailout
The Telegraph
Energy supplier collapses to cost households £85 each, Ofgem warns
The Independent
Taxpayers face £1.7bn bill to bail out collapsed energy supplier Bulb
The Telegraph
Bulb collapses into administration as energy supplier crisis deepens
The Independent
Government accelerates planning for collapse of Bulb, report says
The Independent
Bulb Energy faces speculation it could be taken over by rival Octopus
Daily Mail
Which energy companies have gone bust during gas crisis?
The Independent
Bulb and Ovo take steps to deter new customers from joining
The IndependentDiscover Related
