Why do energy firms keep going out of business?
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 Bulb is expected to become the latest casualty of the energy supply crisis which has seen gas prices soar to unprecedented levels. Suppliers have been hit by a huge increase in wholesale gas prices this year, which they have been unable to pass on in full to customers who are on fixed-rate tariffs or are covered by the energy price cap. However, the sustained high gas prices have meant many customers are currently paying less for their energy than it costs the supplier to buy.