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List of The 51 UK Energy Companies That Have Gone Bust Since 2016
Below is a list of 51 UK energy companies that have gone bust since 2016 and who has acquired the supply.
| Date | Supplier | Customers | Acquiring supplier |
|---|---|---|---|
| July 2022 | UK Energy Incubator Hub (UKEIH) | 3000 | Octopus |
| February 2022 | Whoop Energy | 262 | Yü Energy |
| February 2022 | Xcel Power | 274 | Yü Energy |
| January 2022 | Together Energy | 176,000 | British Gas |
| December 2021 | Zog Energy | 11,700 | EDF |
| November 2021 | Entice | 5,400 | Scottish Power |
| November 2021 | Orbit | 65,000 | Scottish Power |
| November 2021 | Bulb | 1,700,000 | Octopus |
| November 2021 | Neon Reef | 30,000 | British Gas |
| November 2021 | Social Energy | 5,500 | British Gas |
| November 2021 | CNG | 41,000 | Pozitive Energy |
| November 2021 | Zebra Power | 14,800 | British Gas |
| November 2021 | Omni Energy | 6,000 | Utilita |
| November 2021 | Ampoweruk Limited | 2,600 | Yü Energy |
| November 2021 | MA Energy | 300 | SmartestEnergy Business |
| November 2021 | Bluegreen Energy | 5,900 | British Gas |
| October 2021 | GOTO Energy | 22,000 | Shell Energy |
| October 2021 | Daligas | 9,000 | Shell Energy |
| October 2021 | Pure Planet | 235,000 | Shell Energy |
| October 2021 | Colorado Energy | 15,000 | Shell Energy |
| September 2021 | Symbio | 50,000 | E.ON Next |
| September 2021 | Igloo | 180,000 | E.ON Next |
| September 2021 | Enstroga | 6,000 | E.ON Next |
| September 2021 | Green | 350,000 | Shell Energy |
| September 2021 | Avro | 600,000 | Octopus |
| September 2021 | People’s Energy | 350,000 | British Gas |
| September 2021 | Utility Point | 200,000 | EDF |
| September 2021 | PFP Energy | 80,000 | British Gas |
| September 2021 | Moneyplus Energy | 9000 | British Gas |
| August 2021 | HUB Energy | 15,000 | Eon Next |
| January 2021 | Simplicity Energy | 50,000 | British Gas Evolve |
| January 2021 | Green Network Energy | 367,500 | EDF |
| December 2020 | Yorkshire Energy | 74,000 | Scottish Power |
| October 2020 | Tonik Energy | 130,000 | Scottish Power |
| September 2020 | Effortless Energy | 2,500 | Octopus |
| March 2020 | Gnergy | 9,000 | Bulb |
| December 2019 | Breeze | 18,000 | British Gas |
| October 2019 | Toto | 134,000 | EDF |
| October 2019 | Uttily (Rutherford) | 280 | Total gas and power |
| September 2019 | Eversmart | 29,000 | Utilita |
| August 2019 | Solarplicity | 8,000 | EDF |
| August 2019 | Cardiff Energy Supply Ltd | 800 | SSE |
| March 2019 | Brilliant | 17,000 | SSE (currently SSE OVO) |
| January 2019 | Our Power | 32,000 | Utilita |
| January 2019 | Economy Energy | 237,000 | OVO |
| December 2018 | One Select | 33,000 | Together Energy |
| November 2018 | Spark Energy | 290,000 | OVO |
| November 2018 | Extra Energy | 108,000 | Scottish Power |
| October 2018 | Usio Energy | 7,255 | First Utility (currently Shell) |
| July 2018 | Iresa Energy | 95,000 | Octopus Energy |
| July 2018 | UK National Gas | 80 | Hudson Energy |
| November 2016 | GB Energy | 160,000 | Coop Energy |
What To Do If Your Energy Supplier Goes Bust
Ofgem has a great guide to “What happens if the energy supplier to your business goes bust?” Here is some of their advice.
Take a meter reading, sit tight and don’t switch
Your new supplier will soon contact you to explain how they will take on your account. This will include any direct debits.
If you already have a switch in progress, you will continue to move to your chosen supplier
Wait for Ofgem to appoint a new supplier
You don’t need to do anything. Your supply won’t be disrupted and it should only take us a few days, up to a maximum of 14 days. Ofgem’s safety net will protect your supply so you won’t notice anything is different. If Ofgem finds you a new supplier, your new supplier will contact you directly.
In exceptional circumstances, we may appoint an administrator to run your existing supplier rather than move you to a new one. If this happens, your existing supplier will contact you about this and explain what is happening.
When the new supplier contacts you
Ask about the business tariffs available to you with them. Before you agree to a new contract, you can also choose to shop around and switch if you want to. You won’t be charged exit fees.
Your business energy contract
Will I be on a different business energy contract with my new supplier?
Yes. Your old tariff will end.
Instead, your new supplier will put you on a special ‘deemed’ contract. This means a contract you haven’t chosen. This contract will last for as long as you want it to. Ask the new supplier about your business energy options when they contact you.
Before you agree to a new contract, you can also choose to shop around and switch if you want to. You won’t be charged exit fees.
Will my bills go up?
Your new supplier will start you off on a special ‘deemed’ contract. This means a contract you haven’t chosen.
Deemed contracts can be more expensive because the supplier takes on more risk (eg they might to buy extra wholesale energy at short notice), so your bills could go up. But Ofgem will try to get the best possible deal for you if you’re in this situation. You’re not locked into the deemed contract – you can change tariff or supplier at any time.
Sit tight and wait to be contacted to protect any credit balance you may have. When contacted, ask to be put on the cheapest tariff or shop around and switch if you want to. You won’t be charged exit fees.
What rate will I pay with my new business energy contract?
Your new supplier will put you on a special ‘deemed’ contract. This means a contract you haven’t chosen.
Your new supplier will tell you what the new deemed rate will be. It will take effect when they take over your supply. We aim to make a decision on the new supplier as soon as possible. When choosing a new supplier, we try to get the best possible deal for you.
When the new supplier contacts you, ask about the business tariffs available to you. Before you agree to a new contract, you can also choose to shop around and switch if you want to. You won’t be charged exit fees.
Switching suppliers
Should I switch supplier now?
No. Our advice is not to switch but wait until the new supplier contacts you. This will make sure the process goes as smoothly as possible. Once the process is complete, you will be free to switch to another tariff or supplier. You won’t be charged exit fees.
I’m already switching supplier and it’s not yet complete. Will my switch go through and is my credit balance protected?
You don’t need to worry. If it’s already in progress, you will continue to be moved to the new supplier you have chosen. You should not need to do anything.
Once the switch is complete your direct debit with your old supplier should be cancelled. If the direct debit hasn’t cancelled you may need to close it off through your bank.
Ofgem will always try and appoint a new supplier to cover all or some of the exiting supplier’s outstanding credit – but, it isn’t guaranteed.
The Safety Net does not cover business customer credit balances because business customers are able to apply to a supplier’s administrators about their credit balances. This is in the same way you would if any of your other service providers became insolvent.
You can read the full Ofgem guide here. And domestic customers should read their guide here.