suppliers

The Vulnerability Commitment’s signatories include Octopus Energy
November 9, 2021

Ofgem appoints five Suppliers of Last Resort for failed energy suppliers

​Pozitive Energy, SmartestEnergy, Utilita, British Gas and Yü Energy have all been appointed as Suppliers of Last Resort (SoLR) by Ofgem for the most recent energy suppliers to have shuttered.
The report cautioned that the increased risk to investors in new generation energy capacity paired with the cost of capital involved in implementing an LMP system could negate any potential benefits. Image: Getty.
November 5, 2021

Energy supplier market shrinks by over half as further ‘tough times ahead’

The number of domestic energy suppliers has fallen by over half from 47 to 25 since the start of 2021.
The Vulnerability Commitment’s signatories include Octopus Energy
November 4, 2021

Ofgem confirms collapse of four more energy suppliers

​Omni Energy, MA Energy, Zebra Power and Ampoweruk are the latest suppliers to go under as the supply market continues to shrink.
By leveraging their stored energy
November 1, 2021

Ofgem orders energy suppliers to pay £17.9m in outstanding RO payments

Ofgem has issued two energy suppliers with final orders and five suppliers with provisional orders over a total of £17.9 million of outstanding Renewables Obligation (RO) payments.
Image: Rebel Energy.
October 28, 2021

Rebel Energy pushes back launch to 2022 amid high power prices

Supplier start-up Rebel Energy has suspended the onboarding of further customers till 2022.
Hudson Energy Supply UK was rebranded as Shell Energy in 2020. Image: Shell Energy.
October 22, 2021

Shell Energy appointed as Supplier of Last Resort for Goto Energy

​Shell Energy has been appointed by Ofgem to take on the customers of Goto Energy following the announcement of its closure earlier this week.
Goto Energy said it remains "immensely proud" of what it has created and its staff. Image: Goto Energy.
October 19, 2021

Goto Energy latest supplier to shutter amid gas price crisis

​Goto Energy has become the latest supplier to go under during a turbulent period in the energy market.
Brearley discussed the rising costs of energy bills and their implications
October 8, 2021

Ofgem acknowledges need to ‘regulate the market differently’ following gas price crisis

​Ofgem needs to go further in its efforts to create a resilient energy market, CEO Jonathan Brearley stated this week.
The Vulnerability Commitment’s signatories include Octopus Energy
October 7, 2021

Cornwall Insight warns energy supply market 'on edge' for further consolidation, predicts £1,660 price cap

New modelling from Cornwall Insight has forecast that the Summer 2022 default tariff price cap could now reach around £1,660.
Image: OVO.
October 4, 2021

OVO’s results ‘bear the fruit’ of SSE deal after accelerated integration

​OVO Energy is hailing 2020 as a landmark year for the company, having completed the largest industry consolidation deal to date.

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