Today news
About the same in other media
Energy suppliers reject new customers amid crisis in market
Reading now: 234
Sarah Greaves*, a single mother who has spent the last six months renovating a home near Stroud, was left facing a winter without proper heating because no energy supplier was prepared to take her on as a customer and install a meter.
Over the last few months the UK energy market has seized up. Spiralling wholesale gas prices have led to the demise of 21 energy suppliers – two failed this week – and about 2 million customers having to be switched to a new supplier appointed by the energy regulator, Ofgem.
For most of those affected, it has been a story of big price increases as they have found themselves switched to a price-capped tariff. However, a new problem has emerged that could affect anyone connecting a home to the grid for the first
Read more on theguardian.comAbout this in other media
Zog Energy becomes 25th UK supplier to go bust in three months theguardian.com /2 years ago
Energy firms fined after subsea cable delay pauses Scottish windfarms theguardian.com /2 years ago
Goldman Sachs names new co-head of UK M&A amid deal boom fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
