Gas retail

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SoLR tally for 2021 already exceeds previous five years

A total of 31 energy suppliers have exited the market via the supplier of last resort (SoLR) process since 2016, with more domestic customers facing SoLR so far in 2021 than the previous five years combined. Utility Week has compiled a list of all 31 failures since 2016, and the suppliers which became the SoLR.

3 years ago

Shell Energy appointed SoLR for Green

Shell Energy Retail has been appointed as supplier of last resort (SoLR) to the customers of recently failed supplier Green. Shell, which already serves around 900,000 customers, will take on the 255,000 domestic and a small number of business customers.

3 years ago

Octopus takes on Avro’s 580,000 customers

3 years ago

Avro is the acid test for SoLR

3 years ago

CNG Group calls in advisors

3 years ago

Autoswitching service ceases trading

3 years ago

Government ‘far too complacent’ over energy failures

3 years ago

BEIS and Ofgem ‘should consider one-off price cap adjustment’

A one-off adjustment to the price cap or even quarterly caps should be considered by Ofgem and the government, an ex-big six boss has suggested. Former Npower chief executive Paul Massara was talking to Utility Week about the options he believes the Department for Business, Energy and Industrial Strategy (BEIS) and the energy regulator will be considering as part of the industry’s response to the influx of supplier failures following a spike in wholesale costs.

3 years ago