Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will list which energy retail companies have become insolvent in 2021; on which date each of those companies stopped trading; how many customers were transferred as result of those insolvencies; how many customers remain to be transferred as result of those insolvencies; how much consumer credit has been transferred or returned to customers; what administration costs were associated with the transfer of those customers; what other costs were associated with those insolvencies and transfer of customers; and what the value is of any outstanding renewables obligations connected to those insolvencies.
Data on the energy retail companies that have become insolvent during 2021, including the date they stopped trading and the number of affected customers is available on Ofgem’s website at https://www.ofgem.gov.uk/news-and-views/blog/how-youre-protected-when-energy-firms-collapse. All affected customers’ credit balances have been protected. Administrative and additional insolvency costs are a commercial matter for the businesses involved. Ofgem will publish 2021 data for Renewables Obligation payments in 2022.