Bulb goes into administration

[vetran]

My energy supplier, Bulb, has announced that it has gone into administration, which is fantastic because they can help me with my tax return.

[SueEllen]

Bit slow aren't you?

https://forums.contractoruk.com/gene...ml#post2909120

[ladymuck]

I'm working for one of the big energy companies at the moment.

They are losing £400 a year for every customer on a standard tariff due to the price cap.

Ouch. Only those with a very strong balance sheet are going to survive then

[DaveB]

I'm working for one of the big energy companies at the moment.

They are losing £400 a year for every customer on a standard tariff due to the price cap.

[ladymuck]

I recently switched away from Bulb and it completed when the earlier reports about them being in trouble were doing the rounds. I got refund of my credit balance last week, so timing was pretty handy.

[NorthWestPerm2Contr]

Was really lucky earlier in the year that I switched to OVO from bulb and am on a really good tariff which will take me to summer next year. Hopefully by then energy prices will settle down or I'll move to some rich oil state... God knows.