Business Renewals

Economy Energy Collapse

Economy Energy collapse

Only days after the regulator OFGEM imposed a blanket ban on taking on new customers the supplier Economy Energy have ceased trading leaving around 235,000 customers wondering who their new supplier will be. Whilst there will not be any issues relating to the lights or heating going off there are serious concerns being raised over the current licensing requirements that are required in order to gain a supply license with nine energy suppliers biting the dust in the last 12 months.

The current advice is to sit tight and explore your options once a new supplier has been appointed by OFGEM.

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