THE recent spate of supplier collapses will cost all energy customers more than £1billion, an industry chief has warned.
It could mean every household shelling out £50 on top of the jump in energy prices they are already facing.
The alert from Bill Bullen, founder and chief executive of Utilita, one of the bigger suppliers, came amid fears of more failures after a surge in wholesale costs.
Six suppliers with 1.5 million customers have gone bust this month including Avro Energy, with 580,000 customers.
This story is from the September 24, 2021 edition of Daily Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the September 24, 2021 edition of Daily Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
NORTHERN LIGHTS
O'Neill's wonder boys ready to shine on world stage says Shea
KNOCKED FOR SIX
Emotional Rory equals Seve record and admits: I've been through a lot so to finish '24 like this is a dream,
GREAT BRITISH BRAKE OFF
Emma and Katie too hot for champions Canada
GAT TO HURT
A record 11th consecutive defeat for Wales and coach Warren has no idea on future
WE BELIEVE IN STEVE
Itoje and Steward jump to defence of Borthwick after England suffer a fifth successive loss
TROLLS POSTING FAKE LIAM FUNERAL VIDEOS
Bogus clips flooding TikTok
Jude's defender
England ace hirés minder
ONE SHOW'S LAUREN GETS BACK TO WORK
Presenter, 46, returns to BBC after her cancer diagnosis
Biden OKs Ukraine long-range strikes
US missiles can hit targets in Russia
TRUMP'S LOST HIS SPARKLER
He misses out in bid to buy £1.6m orange diamond
