Spark Energy has ceased trading, affecting around 290,000 customers.
Rik Smith, Uswitch.com energy expert, says: “This is the second supplier to cease trading in a week, and the largest company to exit the market to date.
“Spark Energy has nearly 300,000 customers but Ofgem regulations mean their gas and electricity supplies will continue and any credit balances will be protected.
“Households who are affected should take a meter reading and wait until Ofgem appoints a new supplier, who will then get in contact with details of its tariff. At this point, those customers will find out the price of their new deal and will be free to switch away to another supplier if they wish.”
Spark Energy customers affected by this news can find more information on Uswitch.com’s online guide.
FOR MORE INFORMATION
Tim Dunford
Phone: 020 3872 5612
Mobile: 07785 552666
Email: tim.dunford@uswitch.com
Twitter: @uswitchPR
Notes to editors
Further details can be found on Ofgem’s website.
Eight domestic energy suppliers have ceased trading since November 2016:
| Supplier | Residential / business | Estimated number of customers | Date ceased training | ||
|---|---|---|---|---|---|
| GB Energy | Residential | 160,000 | November 2016 | ||
| Future Energy | Residential | 10,000 | January 2018 | ||
| GEN4U | Residential | 1,000 | July 2018 | ||
| Iresa Energy | Residential | 95,000 | July 2018 | ||
| National Gas & Power | Business | 80 | July 2018 | ||
| Ephase Energy (in administration) | Residential | 20 | August 2018 | ||
| Usio Energy | Residential | 7,000 | October 2018 | ||
| Extra Energy | Residential / Business | 129,000 (Domestic 108,000 Business 21,000) | November 2018 | ||
| Spark Energy | Residential | 290,000 | November 2018 |
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