MoneySavingExpert News

Utilities

Energy firm gone bust? How your new firm and tariff stacks up

Nine energy suppliers have gone bust in recent weeks, including Igloo, Symbio, Avro and People's Energy, leaving over 1.7 million energy customers needing a new supplier.

25 October 2021

Goto Energy Limited stops trading - here's what it means for your gas and electricity

Goto Energy, which has about 22,000 household customers, has become the latest energy provider to cease trading – meaning a total of 13 suppliers have gone bust in the past six weeks.

21 October 2021

Pure Planet and Colorado Energy cease trading – here's what it means for your gas and electricity

Pure Planet and Colorado Energy, which have about 250,000 customers combined, have become the latest energy providers to cease trading – making a total of 11 suppliers to go bust in the last six weeks.

18 October 2021

Energy bill hikes hit millions as price cap rises by an average £139/yr – but there are no cheaper deals to switch to right now

Around 11 million households stuck on standard tariffs will see energy bills jump by a typical £139/year as the new price cap kicks in today. But due to the extreme situation in the energy market, with wholesale prices at record highs, there are now no deals cheaper than the new price cap.

1 October 2021

Avro Energy and Green cease trading – here's what it means for your gas and electricity

Energy suppliers Avro Energy and Green have become the latest firms to cease trading, affecting more than 800,000 households. If you're with either firm, your energy supply will continue and credit balances are protected. But DON'T switch now – sit tight and wait until your new supplier has contacted you.

27 September 2021

People's Energy and Utility Point the latest energy suppliers to cease trading – here's everything you need to know

Energy suppliers People's Energy and Utility Point have both ceased trading today, affecting more than half a million households. If you're with either firm, your energy supply will continue and credit balances are protected. But DON'T switch now – sit tight and wait until your new supplier has contacted you

20 September 2021

EDF’s tariffs for former Green Network Energy customers are set to end – switch now to avoid a £300/yr price rise

Former customers of failed supplier Green Network Energy (GNE) will be moved onto EDF’s pricey standard variable tariff (SVT) from October, with the cheap tariffs they were initially switched to set to end. If you were on one of these deals, switch now or you could end up overpaying.

15 September 2021

PFP Energy ceases trading – here's everything you need to know

PfP Energy, a gas and electricity supplier that has around 80,000 household customers, and small energy supplier MoneyPlus Energy, which has around 9,000 household customers, have today ceased trading. But your energy supply won't be affected. Here's everything you need to know.

13 September 2021

All the major energy firms confirm massive price hikes from October – act now to avoid huge bill shock

All the major energy suppliers have now confirmed massive price hikes to their standard variable tariffs from 1 October, after regulator Ofgem increased the maximum suppliers can charge under the energy price cap

10 September 2021

British Gas to delay rise in direct debits for millions on standard tariffs over winter - but many could save £139/yr by switching

British Gas has announced it will keep direct debits for 2.3 million customers the same this winter, despite huge price hikes that'll hit next month. It says it will keep an extra £50 in customers' pockets – but most will likely be far better off switching.

2 September 2021