Home Business News Another energy supplier collapses into administration amid spiralling gas prices

Another energy supplier collapses into administration amid spiralling gas prices

by LLB Reporter
1st Dec 21 11:06 am

Energy supplier Zog has collapsed into administration who supplies around 11,700 domestic customers amid spiralling gas prices.

Ofgem will now liaise with Zog Ltd customers will be protected and households will continue to receive gas and electricity until a new supplier is found.

Neil Lawrence, director of retail at Ofgem, said, “Ofgem’s number one priority is to protect customers. We know this is a worrying time for many people and news of a supplier going out of business can be unsettling.

“I want to reassure affected customers that they do not need to worry, under our safety net we’ll make sure your energy supplies continue.”

He added: “Ofgem will choose a new supplier for you and while we are doing this our advice is to wait until we appoint a new supplier and do not switch in the meantime.

“Any customer concerned about paying their energy bill should contact their supplier to access the range of support that is available.”

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