Three more energy firms go into administration hitting 23,000 customers

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Three more energy firms go into administration hitting 23,000 customers
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Three more energy firms go into administration

Ofgem reassured customers that they would not be left without an energy supplier.It said an "unprecedented increase inwhich is putting financial pressure on suppliers" is being the string of collapses.

It added: "Ofgem is working closely with government and industry to make sure customers continue to be protected this winter." But millions of households are already seeing their energy bills go up and are concerned that more failing providers could see prices rise further.heating and eatingUswitch's Miltienyte added: "Although customer numbers are small at 6,000, Omni primarily focused on consumers with prepayment meters, who are more likely to be vulnerable and at risk of fuel poverty.

“Unfortunately, we may not have seen the end of this situation, but concerned consumers can be reassured that their energy supply will continue as normal and credit balances will be protected."

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