E.ON Next to Supply 233,000 Customers of Collapsed UK Energy Firms
05 Oktober 2021 - 8:32AM
Dow Jones News
By Ed Frankl
E.ON Next, a subsidiary of German energy firm E.ON SE, has been
chosen to take on the energy supply for 233,000 customers from
three companies in the U.K. that collapsed after the recent surge
in wholesale energy prices, industry watchdog Ofgem said
Monday.
Independent suppliers Enstroga, Igloo Energy Supply Ltd. and
Symbio Energy ceased operating in September as some companies have
been unable to cover the cost of purchasing the energy they need to
supply their customers amid a global shortage of natural gas.
Customers were switched over to E.ON Next on Sunday, Ofgem said.
The award followed a competitive process, the regulator said.
Igloo supplied gas and electricity to around 179,000 residential
customers, Symbio served 48,000 households and a small number of
nondomestic customers, and Enstroga had around 6,000 domestic
clients, Ofgem said.
Funds that current and former domestic customers of the three
companies have paid into their accounts will be protected, where
they are in credit, Ofgem said.
Customers of all three suppliers will be contacted over the
coming days about the changes, the watchdog said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
October 05, 2021 02:17 ET (06:17 GMT)
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