Bulb Energy: Insolvency

(asked on 2nd November 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether former customers of Bulb will face future charges to their energy bills as and when Octopus Energy is required to repay financial support provided to it by the Government for the transition of customers from Bulb.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 7th November 2022

The special administrators of Bulb will remain in place until the repayable funding has been received from Octopus. The Government has the option to recoup other costs through the shortfall recovery mechanism which would see a levy charged on energy suppliers

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