Justina Miltienyte, energy policy expert at Uswitch.com, said: “The difficult wholesale energy market situation brings more bad news every week and now another three suppliers have gone into administration.
“In total, 233,000 more customers will be joining the almost two million who have already been displaced by their energy provider this year and we may not have seen the end to this situation.
“With the headlines going from bad to worse, many customers will be worried, but those impacted by this news can be reassured that their energy supply will continue as normal and credit balances will be protected.
“It’s important that all affected customers hold tight for now while they are moved to a new supplier appointed by Ofgem. They should wait for the dust to settle on the current situation before weighing up whether there are any better deals available elsewhere.
“We recommend that customers make a note of their meter readings now, and again when contacted by their new supplier, to ensure bills are accurate.”
Uswitch is offering customers tips on what to do if their energy supplier goes out of business.
https://www.uswitch.com/gas-electricity/guides/energy-supplier-out-of-business/
FOR MORE INFORMATION
Charlotte Nunes
Phone: 07769 847460
Email: charlotte.nunes@rvu.co.uk
Twitter: @UswitchPR
About Uswitch
Uswitch is one of the UK’s top comparison websites for home services switching, including energy, broadband and mobiles.
More people go to Uswitch to switch their energy, broadband and mobile than any other site, and we have saved consumers over £2.7 billion off their bills since we launched in September 2000.
Free mobile app Utrack also helps households manage their home energy usage and make potential savings.
Uswitch is part of RVU, a group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.
