More than 2.7 million customers in the United Kingdom were affected by the failure of their energy supplier in 2021 and in the first two months of 2022. Until February 2022, 30 companies had gone bust, mostly related to a steep rise in natural gas prices, and the market cap on energy prices set by the UK's energy regulator. Avro was the largest energy supplier affected that year, with some 600,000 customers. Another large supplier, Bulb Energy, was placed under Special Administration.
Number of customers affected by energy supplier failure in the United Kingdom in 2021 and January and February 2022, by company (in 1,000s)
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Forbes. (February 18, 2022). Number of customers affected by energy supplier failure in the United Kingdom in 2021 and January and February 2022, by company (in 1,000s) [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/1284127/number-customers-affected-energy-supplier-failure-uk-by-company/
Forbes. "Number of customers affected by energy supplier failure in the United Kingdom in 2021 and January and February 2022, by company (in 1,000s)." Chart. February 18, 2022. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/1284127/number-customers-affected-energy-supplier-failure-uk-by-company/
Forbes. (2022). Number of customers affected by energy supplier failure in the United Kingdom in 2021 and January and February 2022, by company (in 1,000s). Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/1284127/number-customers-affected-energy-supplier-failure-uk-by-company/
Forbes. "Number of Customers Affected by Energy Supplier Failure in The United Kingdom in 2021 and January and February 2022, by Company (in 1,000s)." Statista, Statista Inc., 18 Feb 2022, https://www.statista.com/statistics/1284127/number-customers-affected-energy-supplier-failure-uk-by-company/
Forbes, Number of customers affected by energy supplier failure in the United Kingdom in 2021 and January and February 2022, by company (in 1,000s) Statista, https://www.statista.com/statistics/1284127/number-customers-affected-energy-supplier-failure-uk-by-company/ (last visited May 09, 2024)
Number of customers affected by energy supplier failure in the United Kingdom in 2021 and January and February 2022, by company (in 1,000s) [Graph], Forbes, February 18, 2022. [Online]. Available: https://www.statista.com/statistics/1284127/number-customers-affected-energy-supplier-failure-uk-by-company/