ScottishPower has been appointed as Supplier of Last Resort (SoLR) for Entice Energy and Orbit Energy’s combined 70,400 customers.
The suppliers announced their collapse on 26 November, the latest of ten suppliers to collapse last month alone.
Entice Energy’s 5,400 customers were switched to ScottishPower on 28 November, followed by Orbit Energy’s 65,000 today (1 December).
Prior to their collapse, both Entice Energy and Orbit Energy had failed to meet their feed-in tariff payments deadlines and the former had also been issued with a provisional order for outstanding Renewables Obligation payments. Meanwhile Orbit Energy had defaulted out of Elexon’s Balancing and Settlement Code at the beginning of November.
The closure of both small suppliers came in the same with Bulb – the seventh biggest supplier in Britain – was placed the the Special Administration Regime, as it was deemed too large to be absorbed by the SoLR mechanism.
Goto Energy, Pure Planet, Colorado Energy, Daligas ENSTROGA, Igloo Energy, Symbio Energy, Hub Energy, Green Network Energy, Simplicity Energy, Avro Energy, Utility Point, People’s Energy, PfP Energy and MoneyPlus Energy have all also ceased to trade this year.
Since January there have been 26 supplier exits from the British energy market, and there are now 29 domestic suppliers left in the market.
“The past few months have been unprecedented and have caused a lot of customers great concern about their energy supply,” Andrew Ward, ScottishPower CEO, UK Retail, said. “We want to reassure our customers, current and new, that their energy supply is safe with us. We are a reliable, stable, integrated energy company with decades of experience generating 100% green energy and delivering Net Zero.