{"id":1296,"date":"2024-10-16T13:07:47","date_gmt":"2024-10-16T13:07:47","guid":{"rendered":"https:\/\/www.businessenergyuk.com\/?page_id=1296"},"modified":"2025-10-10T09:06:39","modified_gmt":"2025-10-10T09:06:39","slug":"failed-energy-companies","status":"publish","type":"page","link":"https:\/\/www.businessenergyuk.com\/failed-energy-companies\/","title":{"rendered":"List of The 51 UK Energy Companies That Have Gone Bust Since 2016"},"content":{"rendered":"    <div class=\"hero home-main alt1-main\" id=\"block_54473e7a63110378956156638caaae10\">\n        <div class=\"container\">\n            <div class=\"wrap\">\n                <div class=\"row\">\n                    <div class=\"col-md-7 col-lg-6\">\n                        <h2 >Business Energy Quotes<\/h2>                            <h2 class=\"hidden-xs\"><span>Find a new business energey supplier in under 60 seconds<\/span><\/h2>\n                                                    <h2 class=\"visible-xs\"><span>Find a new business energey supplier in under 60 seconds<\/span><\/h2>\n                        <div class=\"form-wrap\">\n    <form class=\"bus-form\" method=\"post\">\n        <input type=\"text\" name=\"postcode\" value=\"\" class=\"medium field\" placeholder=\"Your Postcode\" aria-required=\"true\" aria-invalid=\"false\">\n        <br>\n\t\t<input type=\"hidden\" name=\"commercial_form\" value=\"1\">\n        <input type=\"submit\" id=\"gform_submit_button_1\" class=\"gform_button button\" value=\"Compare\">\n    <\/form>\n<\/div><p class=\"alt\"><span style=\"font-weight: 700;\">Prefer to talk?<\/span> Give us a call on <span style=\"font-weight: 700;\">0800 464 7677<\/span> and speak to our UK based business energy experts<\/p>                    <\/div>\n                    <div class=\"col-md-5 col-lg-6 hidden-xs\">\n                        <div class=\"hero-img\">\n                            <img decoding=\"async\" src=\"https:\/\/www.businessenergyuk.com\/wp-content\/themes\/BEUK\/images\/main-IMG-home.webp\" alt=\"\" \/>\n                        <\/div>\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n \n    <div class=\"split\" id=\"block_750209499d030c641083ce9c9e16b362\">\n        <div class=\"container\">\n            <div class=\"row\">\n                <div class=\"col-md-10\">\n                    <div class=\"text\">\n                        <h1 >List of The 51 UK Energy Companies That Have Gone Bust Since 2016<\/h1>                            <p class=\"large\">Below is a list of 51 UK <a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Business Energy Suppliers\">energy companies<\/a> that have gone bust since 2016 and who has acquired the supply. <\/p>\n                        \n                        <img decoding=\"async\" class=\"divider\" src=\"https:\/\/www.businessenergyuk.com\/wp-content\/themes\/BEUK\/images\/divider-1.webp\" alt=\"List of The 51 UK Energy Companies That Have Gone Bust Since 2016\" \/>\n\n                        \n<table id=\"tablepress-1\" class=\"tablepress tablepress-id-1\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Date<\/th><th class=\"column-2\">Supplier<\/th><th class=\"column-3\">Customers<\/th><th class=\"column-4\">Acquiring supplier<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">July 2022<\/td><td class=\"column-2\">UK Energy Incubator Hub (UKEIH)<\/td><td class=\"column-3\">3000<\/td><td class=\"column-4\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/octopus-energy\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Octopus Energy Business\">Octopus<\/a><\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">February 2022<\/td><td class=\"column-2\">Whoop Energy<\/td><td class=\"column-3\">262<\/td><td class=\"column-4\">Y\u00fc Energy<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">February 2022<\/td><td class=\"column-2\">Xcel Power<\/td><td class=\"column-3\">274<\/td><td class=\"column-4\">Y\u00fc Energy<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">January 2022<\/td><td class=\"column-2\">Together Energy<\/td><td class=\"column-3\">176,000<\/td><td class=\"column-4\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/british-gas-business\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"British Gas Business\">British Gas<\/a><\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">December 2021<\/td><td class=\"column-2\"><a href=\"https:\/\/www.businessenergyuk.com\/failed-energy-companies\/zog-energy\/\" data-internallinksmanager029f6b8e52c=\"28\" title=\"Zog Energy\">Zog Energy<\/a><\/td><td class=\"column-3\">11,700<\/td><td class=\"column-4\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/edf\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"EDF Business Energy\">EDF<\/a><\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">Entice<\/td><td class=\"column-3\">5,400<\/td><td class=\"column-4\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/scottish-power\/\" data-internallinksmanager029f6b8e52c=\"16\" title=\"Scottish Power Business\">Scottish Power<\/a><\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">Orbit<\/td><td class=\"column-3\">65,000<\/td><td class=\"column-4\">Scottish Power<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/bulb\/\" data-internallinksmanager029f6b8e52c=\"27\" title=\"Bulb Business Energy\">Bulb<\/a><\/td><td class=\"column-3\">1,700,000<\/td><td class=\"column-4\">Octopus<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">Neon Reef<\/td><td class=\"column-3\">30,000<\/td><td class=\"column-4\">British Gas<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">Social Energy<\/td><td class=\"column-3\">5,500<\/td><td class=\"column-4\">British Gas<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/contract-natural-gas\/\" data-internallinksmanager029f6b8e52c=\"18\" title=\"Contract Natural Gas (CNG)\">CNG<\/a><\/td><td class=\"column-3\">41,000<\/td><td class=\"column-4\">Pozitive Energy<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">Zebra Power<\/td><td class=\"column-3\">14,800<\/td><td class=\"column-4\">British Gas<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">Omni Energy<\/td><td class=\"column-3\">6,000<\/td><td class=\"column-4\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/utilita\/\" data-internallinksmanager029f6b8e52c=\"19\" title=\"Utilita Business\">Utilita<\/a><\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">Ampoweruk Limited<\/td><td class=\"column-3\">2,600<\/td><td class=\"column-4\">Y\u00fc Energy<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">MA Energy<\/td><td class=\"column-3\">300<\/td><td class=\"column-4\">SmartestEnergy Business<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">November 2021<\/td><td class=\"column-2\">Bluegreen Energy<\/td><td class=\"column-3\">5,900<\/td><td class=\"column-4\">British Gas<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">October 2021<\/td><td class=\"column-2\">GOTO Energy<\/td><td class=\"column-3\">22,000<\/td><td class=\"column-4\">Shell Energy<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">October 2021<\/td><td class=\"column-2\">Daligas<\/td><td class=\"column-3\">9,000<\/td><td class=\"column-4\">Shell Energy<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">October 2021<\/td><td class=\"column-2\">Pure Planet<\/td><td class=\"column-3\">235,000<\/td><td class=\"column-4\">Shell Energy<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">October 2021<\/td><td class=\"column-2\">Colorado Energy<\/td><td class=\"column-3\">15,000<\/td><td class=\"column-4\">Shell Energy<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\">Symbio<\/td><td class=\"column-3\">50,000<\/td><td class=\"column-4\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/eon\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"EON Business Energy\">E.ON<\/a> Next<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\">Igloo<\/td><td class=\"column-3\">180,000<\/td><td class=\"column-4\">E.ON Next<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\">Enstroga<\/td><td class=\"column-3\">6,000<\/td><td class=\"column-4\">E.ON Next<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\">Green<\/td><td class=\"column-3\">350,000<\/td><td class=\"column-4\">Shell Energy<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\"><a href=\"https:\/\/www.businessenergyuk.com\/failed-energy-companies\/avro-energy\/\" data-internallinksmanager029f6b8e52c=\"32\" title=\"Avro Energy\">Avro<\/a><\/td><td class=\"column-3\">600,000<\/td><td class=\"column-4\">Octopus<\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\">People&#8217;s Energy<\/td><td class=\"column-3\">350,000<\/td><td class=\"column-4\">British Gas<\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\">Utility Point<\/td><td class=\"column-3\">200,000<\/td><td class=\"column-4\">EDF<\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\">PFP Energy<\/td><td class=\"column-3\">80,000<\/td><td class=\"column-4\">British Gas<\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">September 2021<\/td><td class=\"column-2\">Moneyplus Energy<\/td><td class=\"column-3\">9000<\/td><td class=\"column-4\">British Gas<\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">August 2021<\/td><td class=\"column-2\">HUB Energy<\/td><td class=\"column-3\">15,000<\/td><td class=\"column-4\">Eon Next<\/td>\n<\/tr>\n<tr class=\"row-32\">\n\t<td class=\"column-1\">January 2021<\/td><td class=\"column-2\">Simplicity Energy<\/td><td class=\"column-3\">50,000<\/td><td class=\"column-4\">British Gas Evolve<\/td>\n<\/tr>\n<tr class=\"row-33\">\n\t<td class=\"column-1\">January 2021<\/td><td class=\"column-2\">Green Network Energy<\/td><td class=\"column-3\">367,500<\/td><td class=\"column-4\">EDF<\/td>\n<\/tr>\n<tr class=\"row-34\">\n\t<td class=\"column-1\">December 2020<\/td><td class=\"column-2\">Yorkshire Energy<\/td><td class=\"column-3\">74,000<\/td><td class=\"column-4\">Scottish Power<\/td>\n<\/tr>\n<tr class=\"row-35\">\n\t<td class=\"column-1\">October 2020<\/td><td class=\"column-2\">Tonik Energy<\/td><td class=\"column-3\">130,000<\/td><td class=\"column-4\">Scottish Power<\/td>\n<\/tr>\n<tr class=\"row-36\">\n\t<td class=\"column-1\">September 2020<\/td><td class=\"column-2\">Effortless Energy<\/td><td class=\"column-3\">2,500<\/td><td class=\"column-4\">Octopus<\/td>\n<\/tr>\n<tr class=\"row-37\">\n\t<td class=\"column-1\">March 2020<\/td><td class=\"column-2\"><a href=\"https:\/\/www.businessenergyuk.com\/failed-energy-companies\/gnergy\/\" data-internallinksmanager029f6b8e52c=\"31\" title=\"Gnergy\">Gnergy<\/a><\/td><td class=\"column-3\">9,000<\/td><td class=\"column-4\">Bulb<\/td>\n<\/tr>\n<tr class=\"row-38\">\n\t<td class=\"column-1\">December 2019<\/td><td class=\"column-2\">Breeze<\/td><td class=\"column-3\">18,000<\/td><td class=\"column-4\">British Gas<\/td>\n<\/tr>\n<tr class=\"row-39\">\n\t<td class=\"column-1\">October 2019<\/td><td class=\"column-2\">Toto<\/td><td class=\"column-3\">134,000<\/td><td class=\"column-4\">EDF<\/td>\n<\/tr>\n<tr class=\"row-40\">\n\t<td class=\"column-1\">October 2019<\/td><td class=\"column-2\">Uttily (Rutherford)<\/td><td class=\"column-3\">280<\/td><td class=\"column-4\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/total-gas-and-power\/\" data-internallinksmanager029f6b8e52c=\"20\" title=\"Total Gas &amp; Power\">Total gas and power<\/a><\/td>\n<\/tr>\n<tr class=\"row-41\">\n\t<td class=\"column-1\">September 2019<\/td><td class=\"column-2\">Eversmart<\/td><td class=\"column-3\">29,000<\/td><td class=\"column-4\">Utilita<\/td>\n<\/tr>\n<tr class=\"row-42\">\n\t<td class=\"column-1\">August 2019<\/td><td class=\"column-2\">Solarplicity<\/td><td class=\"column-3\">8,000<\/td><td class=\"column-4\">EDF<\/td>\n<\/tr>\n<tr class=\"row-43\">\n\t<td class=\"column-1\">August 2019<\/td><td class=\"column-2\">Cardiff Energy Supply Ltd<\/td><td class=\"column-3\">800<\/td><td class=\"column-4\"><a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/sse\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"SSE Business Energy\">SSE<\/a><\/td>\n<\/tr>\n<tr class=\"row-44\">\n\t<td class=\"column-1\">March 2019<\/td><td class=\"column-2\">Brilliant<\/td><td class=\"column-3\">17,000<\/td><td class=\"column-4\">SSE (currently SSE <a href=\"https:\/\/www.businessenergyuk.com\/suppliers\/ovo-energy\/\" data-internallinksmanager029f6b8e52c=\"26\" title=\"OVO Business Energy\">OVO<\/a>)<\/td>\n<\/tr>\n<tr class=\"row-45\">\n\t<td class=\"column-1\">January 2019<\/td><td class=\"column-2\">Our Power<\/td><td class=\"column-3\">32,000<\/td><td class=\"column-4\">Utilita<\/td>\n<\/tr>\n<tr class=\"row-46\">\n\t<td class=\"column-1\">January 2019<\/td><td class=\"column-2\">Economy Energy<\/td><td class=\"column-3\">237,000<\/td><td class=\"column-4\">OVO<\/td>\n<\/tr>\n<tr class=\"row-47\">\n\t<td class=\"column-1\">December 2018<\/td><td class=\"column-2\">One Select<\/td><td class=\"column-3\">33,000<\/td><td class=\"column-4\">Together Energy<\/td>\n<\/tr>\n<tr class=\"row-48\">\n\t<td class=\"column-1\">November 2018<\/td><td class=\"column-2\">Spark Energy<\/td><td class=\"column-3\">290,000<\/td><td class=\"column-4\">OVO<\/td>\n<\/tr>\n<tr class=\"row-49\">\n\t<td class=\"column-1\">November 2018<\/td><td class=\"column-2\">Extra Energy<\/td><td class=\"column-3\">108,000<\/td><td class=\"column-4\">Scottish Power<\/td>\n<\/tr>\n<tr class=\"row-50\">\n\t<td class=\"column-1\">October 2018<\/td><td class=\"column-2\">Usio Energy<\/td><td class=\"column-3\">7,255<\/td><td class=\"column-4\">First Utility (currently Shell)<\/td>\n<\/tr>\n<tr class=\"row-51\">\n\t<td class=\"column-1\">July 2018<\/td><td class=\"column-2\">Iresa Energy<\/td><td class=\"column-3\">95,000<\/td><td class=\"column-4\">Octopus Energy<\/td>\n<\/tr>\n<tr class=\"row-52\">\n\t<td class=\"column-1\">July 2018<\/td><td class=\"column-2\">UK National Gas<\/td><td class=\"column-3\">80<\/td><td class=\"column-4\">Hudson Energy<\/td>\n<\/tr>\n<tr class=\"row-53\">\n\t<td class=\"column-1\">November 2016<\/td><td class=\"column-2\"><a href=\"https:\/\/www.businessenergyuk.com\/failed-energy-companies\/gb-energy-supply\/\" data-internallinksmanager029f6b8e52c=\"30\" title=\"GB Energy Supply\">GB Energy<\/a><\/td><td class=\"column-3\">160,000<\/td><td class=\"column-4\">Coop Energy<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-1 from cache -->\n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n \n    <div class=\"split\" id=\"block_fca35017192f4c979e5cdde1453ffef5\">\n        <div class=\"container\">\n            <div class=\"row\">\n                <div class=\"col-md-10\">\n                    <div class=\"text\">\n                        <h2 >What To Do If Your Energy Supplier Goes Bust<\/h2>                            <p class=\"large\"><a href=\"What happens if the energy supplier to your business goes bust?\" targte=\"_blank\"><strong>Ofgem<\/strong><\/a> has a great guide to <em>&#8220;What happens if the energy supplier to your business goes bust?&#8221;<\/em> Here is some of their advice.<\/p>\n                        \n                        <img decoding=\"async\" class=\"divider\" src=\"https:\/\/www.businessenergyuk.com\/wp-content\/themes\/BEUK\/images\/divider-1.webp\" alt=\"What To Do If Your Energy Supplier Goes Bust\" \/>\n\n                        <blockquote>\n<h3>Take a meter reading, sit tight and don\u2019t switch<\/h3>\n<p>Your new supplier will soon contact you to explain how they will take on your account. This will include any direct debits.<\/p>\n<p>If you already have a switch in progress, you will continue to move to your chosen supplier<\/p>\n<h3>Wait for Ofgem to appoint a new supplier<\/h3>\n<p>You don\u2019t need to do anything. Your supply won\u2019t be\u00a0disrupted\u00a0and it should only take us a few days, up to a maximum of 14 days. <a href=\"https:\/\/www.ofgem.gov.uk\/\" data-internallinksmanager029f6b8e52c=\"29\" title=\"Ofgem\" target=\"_blank\" rel=\"noopener\">Ofgem<\/a>\u2019s safety net will protect your\u00a0supply\u00a0so you won\u2019t notice anything is different.\u00a0If Ofgem finds you a new supplier, your new supplier will contact you directly.<\/p>\n<p>In exceptional circumstances, we may appoint an administrator to run your existing supplier rather than move you to a new one. If this happens, your\u00a0existing\u00a0supplier will contact you about this and explain what is happening.<\/p>\n<h3>When the new supplier contacts you<\/h3>\n<p>Ask about the business tariffs available to you with them. Before you agree to a new contract,\u00a0you can also choose to\u00a0<a href=\"https:\/\/quote.businessenergyuk.com\/comparison\/?affiliateId=272\"><strong>shop around and switch<\/strong><\/a>\u00a0if you want to. You won\u2019t be charged exit fees.<\/p><\/blockquote>\n<h2>Your business energy contract<\/h2>\n<blockquote>\n<h3 id=\"paragraph-1725-title\">Will I be on a different business energy contract with my new supplier?<\/h3>\n<p>Yes. Your old tariff will end.<\/p>\n<p>Instead, your new supplier will put you on a special \u2018deemed\u2019 contract. This means a contract you haven\u2019t chosen.\u00a0This contract will last for as long as you want it to. Ask the new supplier about your business energy options when they contact you.<\/p>\n<p>Before you agree to a new contract,\u00a0<a href=\"https:\/\/quote.businessenergyuk.com\/comparison\/?affiliateId=272\">you can also choose to\u00a0shop around and switch<\/a>\u00a0if you want to. You won\u2019t be charged exit fees.<\/p>\n<h3>Will my bills go up?<\/h3>\n<p>Your new supplier will start you off on a special \u2018deemed\u2019 contract. This means a contract you haven\u2019t chosen.<\/p>\n<p>Deemed contracts can be more expensive because the supplier takes on more risk (eg they might to buy extra wholesale energy at short notice), so your bills could go up. But Ofgem will try to get the best possible deal for you if you\u2019re in this situation. You\u2019re not locked into the deemed contract \u2013 you can change tariff or supplier at any time.<\/p>\n<p>Sit tight and wait to be contacted to protect any credit balance you may have. When contacted, ask to be put on the cheapest tariff or shop around and switch if you want to. You won\u2019t be charged exit fees.<\/p>\n<h3>What rate will I pay with my new business energy contract?<\/h3>\n<p>Your new supplier will put you on a special \u2018deemed\u2019 contract. This means a contract you haven\u2019t chosen.<\/p>\n<p>Your new supplier will tell you what the new deemed rate will be. It will take effect when they take over your supply. We aim\u00a0to make a decision on the new supplier as soon as possible. When choosing a new supplier, we try to get the best possible deal for you.<\/p>\n<p>When the new supplier contacts you, ask about the business tariffs available to you. Before you agree to a new contract,\u00a0<a href=\"https:\/\/quote.businessenergyuk.com\/comparison\/?affiliateId=272\">you can also choose to shop around and switch<\/a>\u00a0if you want to. You won\u2019t be charged exit fees.<\/p><\/blockquote>\n<h2>Switching suppliers<\/h2>\n<blockquote>\n<h3>Should I switch supplier now?<\/h3>\n<p>No. Our advice is not to switch but wait until the new supplier contacts you. This will make sure the process goes as smoothly as possible.\u00a0Once the process is complete, you will be free to switch to another tariff or supplier. You won\u2019t be charged exit fees.<\/p>\n<h3>I\u2019m already switching supplier and it\u2019s not yet complete. Will my switch go through and is my credit balance protected?<\/h3>\n<p>You don\u2019t need to worry. If it\u2019s already in progress, you will continue to be moved to the new supplier you have chosen. You should not need to do anything.<\/p>\n<p>Once the switch is complete your direct debit with your old supplier should be cancelled. If the direct debit hasn\u2019t cancelled you may need to close it off through your bank.<\/p>\n<p>Ofgem will always try and appoint a new supplier to cover all or some of the exiting supplier\u2019s outstanding credit \u2013 but, it isn\u2019t guaranteed.<\/p>\n<p>The Safety Net does not cover business customer credit balances because business customers are able to apply to a supplier\u2019s administrators about their credit balances. This is in the same way you would if any of your other service providers became insolvent.<\/p><\/blockquote>\n<p>You can read <a href=\"https:\/\/www.ofgem.gov.uk\/what-happens-if-energy-supplier-your-business-goes-bust\" target=\"_blank\" rel=\"noopener\">the full Ofgem guide here<\/a>. And domestic customers should <a href=\"https:\/\/www.ofgem.gov.uk\/what-happens-if-your-energy-supplier-goes-bust\" target=\"_blank\" rel=\"noopener\">read their guide here<\/a>.<\/p>\n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1296","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.businessenergyuk.com\/wp-json\/wp\/v2\/pages\/1296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessenergyuk.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.businessenergyuk.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessenergyuk.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessenergyuk.com\/wp-json\/wp\/v2\/comments?post=1296"}],"version-history":[{"count":22,"href":"https:\/\/www.businessenergyuk.com\/wp-json\/wp\/v2\/pages\/1296\/revisions"}],"predecessor-version":[{"id":1320,"href":"https:\/\/www.businessenergyuk.com\/wp-json\/wp\/v2\/pages\/1296\/revisions\/1320"}],"wp:attachment":[{"href":"https:\/\/www.businessenergyuk.com\/wp-json\/wp\/v2\/media?parent=1296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}