What can I do if my energy supplier goes bust?

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About 1.7 million customers have seen their energy firm collapse amid soaring gas prices.

making a note or taking a photo of your meter reading and downloading any bills, while waiting for your new supplier.You should also wait until you have your new provider before shopping around for a better deal. You won't be charged an exit fee if you move.

If you're in credit, the balance will be added to your account with your new supplier. However, this may take several weeks. If you are in debt to a company which has stopped trading, you still have to pay the money you owe. You will be contacted by its administrators, or the supplier which takes over its business.Price comparison sites are offering fewer energy deals at the moment, and some - such as Compare The Market - are offering none at all.The energy market had already been shrinking before these closures - from more than 70 suppliers in 2018 to about 30 now.

 

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We got rid of gas storage as not repairable nothing replaced them. It all just in time fail do keep up. Most firms going under are young ones with out deep pockets and big bank accounts. Bulb going under was expected as they asked for a bail out earlier.

Bulb we’re a useless company, no idea where the call centre was but they were nice but extremely dull bulbs, clueless. Good riddance.

Trouble is the ancient gas storages are dismantled as land is worth more than cost of updating /repairs. So we got the just in time service with little reserves. I'm in South. Heating on as last resort. Gas cooking and combi. (Serviced every year) energy bulbs etc still bad

Have you been transferred to a different provider and paying more for your energy? Use our smart system and choose the best tarrif that works for you! Commission free.

Wait a long time for a replacement via ofgem while you put money aside you hope will cover the debt. 5 weeks and counting for gas and electric.

You have the right to tell Sid Thatcher was so wrong.

Nothing but greedy bastards thing is every thing goes up never coming back down

The energy firms have collapsed due to bad management and high risk fixed price product pricing.

They collapsed because of an idiotic business model!!

Where's my rights of 'not having to worry about basic necessities' in the '5th richest' economy with 'freedom and democracy'?

Same old woke picture...... DefundTheBBC

You have the legal right to put on a big jumper.

Can we get a brit-stream from Russia?

I thought customers were assigned a new supplier automatically.

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