Four more UK energy suppliers go bust

Four more UK energy suppliers go bust

Four energy suppliers have become the latest companies to go bust amid the soaring cost of wholesale gas prices.

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Omni Energy Limited, MA Energy Limited, Zebra Power Limited, and Ampoweruk Ltd have ceased trading, the regulator Ofgem said.

Together, the companies supplied about 23,700 domestic and overseas customers.

They are the latest energy companies to go under as increased gas prices have made price promises to customers undeliverable.

A total of 19 energy suppliers, mostly smaller firms, are thought to have gone bust since August, affecting about two million customers.

Out of the four companies to go under on Tuesday, Zebra Power Limited has largest customer base, with 14,800.

Omni Energy supplies about 6,000 domestic pre-payment customers, while Ampoweruk Ltd has about 600 UK customers and about 2,000 overseas. MA Energy has about 300 overseas customers.

Ofgem said customers of the four firms would continue to receive energy supplies and any credit to their accounts would be protected.

Affected customers will be switched to a new tariff by Ofgem and be contacted by their new supplier, the regulator said.