Winter likely to finish off some energy firms, analysts say

Winter likely to finish off some energy firms, analysts say
 

More small energy suppliers are likely to go bust this winter, analysts say, leading to potential disruption and higher costs for customers.
Economy Energy was the latest to collapse earlier this month, following customer complaints about service including delayed bills and refunds.
It followed a string of similar collapses and analysts say five or 10 more could go as winter costs rise.
If so, domestic customers' supply is protected but their tariff is not.
When an energy company ceases trading its customers are automatically transferred to a new supplier. Any credit they have, because they... read more

 
11 January 2019 in Business, Views: 49
Source: BBC
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