Utilities: Insolvency

(asked on 10th January 2023) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to help ensure customer deposits with energy companies are protected in the event of energy company insolvency.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 16th January 2023

Customer deposits with energy suppliers are already protected in the event of supplier insolvency through the Supplier of Last Resort process and Special Administration Regime.

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