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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what loans to Bulb Energy have been serviced by payments to investing bodies under the Bulb Special Administration Regime.

Bulb Energy had 1.513million domestic customers as of November 2021 when it went into administration. The company now has 1.489million domestic customers.

No payments have been made to service loans to Bulb from investors during Special Administration Regime (SAR).

The Government shares the view that any SAR should be a temporary measure and should end as quickly as possible. The administrator has a statutory duty to ensure that SAR is delivered at lowest reasonably practicable cost.