The firm, which launched in the summer of 2020, blamed increases in prices on the wholesale energy market that it claimed were impacting its operations.
The Commission for Regulation of Utilities said it has received formal notification from the firm of its intention to exit the market. "There remain fifteen electricity and eight gas suppliers in the domestic supply market. These provide a wide range of tariffs and choices for customers to suit their needs."
"Bright notified the CRU of its intention to exit the market and, under CRU customer protection protocols, Electric Ireland is the designated electricity supplier of last resort."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Never heard of them. RIP.