Energy
(asked on 3rd July 2019) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many energy companies have ceased trading in each of the last five years.
This question was answered on 9th July 2019
There are now around 60 domestic energy suppliers in the market, up from 13 in 2010. Since 2014, 16 domestic suppliers have ceased trading. GB Energy (in 2016), was the first supplier to cease trading since 2008. There was one market exit in 2017 and the most recent exit was in March 2019. All customers were swiftly moved to a new supplier by Ofgem.