Business Renewals

Our Power goes bust

Energy supplier closed

Our Power, the Edinburgh based energy provider has gone bust leaving OFGEM to find around 38,000 residential customers a new supplier.

Launched in 2016 as an ethical non-profit supplier Our Power becomes the 10th recent casualty in the ever growing list of smaller suppliers who have hit a brick wall in trying to compete in the energy markets. Even with the backing of the Scottish Government who provided around £10M in loans the supplier faced issues it could not overcome.

The recent introduction of the Price Cap system by OFGEM could well see more smaller suppliers face problems.

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