Energy Suppliers News: page 13
- February 2022
SSEN restores all reported faults after Storms Malik and Corrie
SSEN has restored all reported customer faults after Storms Malik and Corrie, reconnecting more than 120,000 homes in the north of Scotland following gusts of over 90mph.
27 energy retail companies had exited the market since August 2021
Energy UK reports that 27 energy retail companies have left the market since August 2021, affecting almost 2.3 million households, with supplier of last resort costs of around £2.6 billion to date.
Bulb collapse takes households affected by failed suppliers above 3.7 million this year
Green Alliance says 21 energy suppliers have collapsed since the start of September, and that Bulb's failure has taken the number of households affected by a failed supplier above 3.7 million this year.
Bulb sale process launched
The sale process for Bulb Energy, the largest supplier failure of the 2021 crisis, was launched in February 2022 and took ten months to complete, ending in a government sale to Octopus Energy.
Ofgem decides to add SoLR charge to domestic gas unit rates
Ofgem confirmed in February 2022 that the costs of supplier failures would be recovered through a volumetric charge on domestic gas unit rates, adding to household bills.
- January 2022
Together Energy ceases trading
Together Energy ceased trading on 18 January 2022, the Energy Ombudsman has confirmed, adding that it has now issued a written update to affected consumers.
Together Energy exits the market with British Gas as Supplier of Last Resort
Together Energy (Bristol E.) ceased trading on 18 January 2022 and its customers were moved to British Gas under the Supplier of Last Resort process, Ofgem's Warm Home Discount report confirms.
Together Energy Retail Ltd customers move to British Gas
British Gas has taken on the 176,000 domestic customers of Together Energy Retail Ltd, which exited the market on 18 January 2022, under Ofgem's supplier of last resort process.
Citizens Advice responds to Ofgem consultation on short-term interventions to address market volatility
Citizens Advice has opposed Ofgem proposals to allow exit fees on default tariffs, while backing a requirement for suppliers to offer new tariffs to existing customers.
Citizens Advice responds to BEIS consultation on market-based mechanism for low-carbon heat
Citizens Advice has told BEIS that the Boiler Upgrade Scheme needs wider financial support, a single mandatory accreditation body and clearer guidance for manufacturers if low-carbon heat is to work for households.
Power NI raises domestic electricity prices by 21.4%
Power NI raised domestic electricity prices by 21.4 per cent from 1 January 2022, adding £131 a year to the average household bill in Northern Ireland.