Articles tagged with: SoLR

More than 4 million customers have seen their suppliers collapse in 2021. Image: ScottishPower.

ScottishPower appointed as SoLR for Entice Energy and Orbit Energy’s customers

1 Dec 2021, 12:40

ScottishPower has been appointed as Supplier of Last Resort (SoLR) for Entice Energy and Orbit Energy’s combined 70,400 customers.

These most recent collapses bring the total number up to 27 since the beginning of 2021. Image: Getty.

Entice Energy and Orbit Energy become the latest suppliers to shutter

26 Nov 2021, 11:40

Entice Energy and Orbit Energy have become the latest suppliers to collapse, marking ten in November alone.

Customers have been advised not to switch from Bulb. Image: Bulb.

UK government sets aside £1.7bn to support Bulb’s administrators

26 Nov 2021, 09:16

The UK government have put aside £1.7 billion to support failed supplier Bulb, following it going into the special administration regime earlier this week.

British Gas - whose parent company is Centrica - has now taken on over 500,000 customers through the SoLR mechanism in 2021.Image: Centrica.

British Gas to take on 35,500 customers from shuttered Neon Reef and Social Energy Supply

23 Nov 2021, 10:06

Ofgem has appointed British Gas as the supplier of last resort (SoLR) for Neon Reef Limited and Social Energy Supply Ltd, taking on approximately 35,500 domestic customers.

CNG, MA Energy, Omni Energy, Bluegreen Energy, Zebra Power and Ampower have all ceased to trade. Image: Getty

Ofgem appoints five Suppliers of Last Resort for failed energy suppliers

9 Nov 2021, 16:47

Pozitive Energy, SmartestEnergy, Utilita, British Gas and Yü Energy have all been appointed as Suppliers of Last Resort (SoLR) by Ofgem for the most recent energy suppliers to have shuttered.

High prices are expected to continue in the UK as we enter winter, with demand set to increase. Image: Getty.

Bluegreen Energy Services collapses as energy supply market volatility continues into November

2 Nov 2021, 10:21

Bluegreen Energy Services has become the first supplier to fail in November, leaving around 5,900 domestic customers and a small number of non-domestic customers to be picked up by the Supplier of Last Resort (SoLR) mechanism.

Pure Planet was a 100% renewable energy supplier, back by bp. Image: Pure Planet.

Pure Planet points to challenges created by the price cap as it and Colorado Energy fail

14 Oct 2021, 12:33

Pure Planet and Colorado Energy have become the latest suppliers to shutter in the UK market.

Omni has warned it may cease trading over the next month, following a string of collapses driven by high wholesale prices in recent months. Image: Getty.

Omni Energy stops switching customers away amid concern it will shutter

11 Oct 2021, 17:28

Supplier Omni Energy automatically switched customers to rival energy suppliers, after expressing concern that it is set to cease trading soon.

A Summer 2022 price cap of £1,660 would be a 30% increase on the cap for Winter 2021-22. Image: Getty

Cornwall Insight warns energy supply market 'on edge' for further consolidation, predicts £1,660 price cap

7 Oct 2021, 13:36

New modelling from Cornwall Insight has forecast that the Summer 2022 default tariff price cap could now reach around £1,660.