There are now roughly 40 suppliers in the UK market, sharply down from a peak of 70 in 2018.
Are you a customer of a small energy supplier and worried about keeping warm through the winter? Email us at news@sky.comSpeaking in New York the prime minister guaranteed Sky's Beth Rigby that there will be no fuel shortages this winter.What if your supplier goes bust? Your old tariff will end and the new supplier will put you on a special"deemed" contract, which will last for as long as you want it to.
A perfect storm of other problems has also hit the sector: supply from Russia has dried up recently, demand is high in Asia and in the UK several gas platforms in the North Sea have closed to perform maintenance that was paused during the pandemic.British Gas stepped in to operate People's Energy's supply after the company folded last week.
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Source: The Independent - 🏆 80. / 59 Read more »