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Old 22-11-2021, 12:59   #252
Chris
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Re: Energy companies collapse

And now Bulb teeters on the brink …

https://www.bbc.co.uk/news/business-59373198

---------- Post added at 12:59 ---------- Previous post was at 12:51 ----------

We appear to have reached the point where the customer reassignment process is broken.

Quote:
Bulb will become the first company to placed into "special administration", where it is run by the government through the regulator Ofgem.
This measure is only used if Ofgem is unable to find another company to take over an energy firm's customers.
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