London Daily

Focus on the big picture.
Tuesday, Dec 16, 2025

Three more energy firms go bust amid gas price rise

Three more energy firms go bust amid gas price rise

Three more energy suppliers have gone bust amid the surge in wholesale gas prices, the regulator Ofgem has said.

Enstroga, Igloo Energy and Symbio Energy said they would stop trading on Wednesday.

The trio are the latest companies to go under as soaring gas prices have made price promises by suppliers to customers undeliverable.

Together, the suppliers represent less than 1% of the UK market with a total of about 233,000 customers, Ofgem said.

Enstroga supplies gas and electricity to about 6,000 domestic customers, while Igloo has about 179,000. Symbio Energy has roughly 48,000 in the UK and a small number overseas.

The three energy supplies follow six others which have collapsed in recent weeks. A total of nearly 1.73m customers have been affected in September.


Ofgem said customers of Enstroga, Igloo and Symbio would continue to receive energy supplies and any credit to their accounts would be protected.

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

It has advised people to take a meter reading and to wait until a new supplier has been appointed before looking to switch to another energy firm.

Ofgem added that consumers will also be protected by the energy price cap, which limits how much firms can charge per unit of gas, once switched to a new tariff.

Neil Lawrence, director of retail at Ofgem, said: "Ofgem's number one priority is to protect customers.

"I want to reassure customers of Enstroga, Igloo Energy and Symbio Energy that they do not need to worry.


"Ofgem will choose a new supplier for you and while we are doing this our advice is to wait until we appoint a new supplier and do not switch in the meantime. You can rely on your energy supply as normal."

On Monday, Ofgem announced Shell Energy had been appointed as the new supplier for 255,000 gas and electricity customers of Green, which collapsed last week.

Green ceased trading on the same day as another supplier, Avro, whose 580,000 customers have been moved to Octopus Energy.

Jonathan Brearley, chief executive of Ofgem, previously told the BBC the cost of protecting customers from failing energy providers could lead to higher bills.

"As underlying costs rise, pressure on bills does go up," he said.

Mr Brearley has rejected claims from the industry the current crisis represents a failure to adequately regulate the market.

The government has said it is looking at issuing loans to bigger energy firms to help them take on stranded customers.

Business Secretary Kwasi Kwarteng has said the government would "not be bailing out failed companies" and added he does "not expect supply emergencies".


Consumers' attention may have been drawn to the queues for petrol this week, but this news is evidence the gas crisis is far from over.

It is a crisis that many more suppliers are not expected to survive. The pressure on them is increasing as wholesale gas prices are continuing to go up.

Meanwhile, tens of thousands of customers of these three collapsed companies will now wait to be moved automatically onto new, dedicated - but undoubtedly more expensive - tariffs.

Millions more face price rises on Friday, when Ofgem's higher price cap for variable tariffs kicks in.

As more and more suppliers fold, the cost of dealing with their customers will mean further price rises for everyone in the future are inevitable.

Newsletter

Related Articles

0:00
0:00
Close
UK Mortgage Rules to Give Greater Flexibility to Borrowers With Irregular Incomes
UK Treasury Moves to Position Britain as Leading Global Hub for Crypto Firms
U.S. Freezes £31 Billion Tech Prosperity Deal With Britain Amid Trade Dispute
Prince Harry and Meghan’s Potential UK Return Gains New Momentum Amid Security Review and Royal Dialogue
Zelensky Opens High-Stakes Peace Talks in Berlin with Trump Envoy and European Leaders
Historical Reflections on Press Freedom Emerge Amid Debate Over Trump’s Media Policies
UK Boosts Protection for Jewish Communities After Sydney Hanukkah Attack
UK Government Declines to Comment After ICC Prosecutor Alleges Britain Threatened to Defund Court Over Israel Arrest Warrant
Apple Shutters All Retail Stores in the United Kingdom Under New National COVID-19 Lockdown
US–UK Technology Partnership Strains as Key Trade Disagreements Emerge
UK Police Confirm No Further Action Over Allegation That Andrew Asked Bodyguard to Investigate Virginia Giuffre
Giuffre Family Expresses Deep Disappointment as UK Police Decline New Inquiry Into Andrew Mountbatten-Windsor Claims
Transatlantic Trade Ambitions Hit a Snag as UK–US Deal Faces Emerging Challenges
Ex-ICC Prosecutor Alleges UK Threatened to Withdraw Funding Over Netanyahu Arrest Warrant Bid
UK Disciplinary Tribunal Clears Carter-Ruck Lawyer of Misconduct in OneCoin Case
‘Pink Ladies’ Emerge as Prominent Face of UK Anti-Immigration Protests
Nigel Farage Says Reform UK Has Become Britain’s Largest Party as Labour Membership Falls Sharply
Google DeepMind and UK Government Launch First Automated AI Lab to Accelerate Scientific Discovery
UK Economy Falters Ahead of Budget as Growth Contracts and Confidence Wanes
Australia Approves Increased Foreign Stake in Strategic Defence Shipbuilder
Former UK Prime Minister Boris Johnson proclaims, “For Ukraine, surrendering their land would be a nightmare.”
Microsoft Challenges £2.1 Billion UK Cloud Licensing Lawsuit at Competition Tribunal
Fake Doctor in Uttar Pradesh Accused of Killing Woman After Performing YouTube-Based Surgery
Hackers Are Hiding Malware in Open-Source Tools and IDE Extensions
Traveling to USA? Homeland Security moving toward requiring foreign travelers to share social media history
UK Officials Push Back at Trump Saying European Leaders ‘Talk Too Much’ About Ukraine
UK Warns of Escalating Cyber Assault Linked to Putin’s State-Backed Operations
UK Consumer Spending Falters in November as Households Hold Back Ahead of Budget
UK Orders Fresh Review of Prince Harry’s Security Status After Formal Request
U.S. Authorises Nvidia to Sell H200 AI Chips to China Under Security Controls
Trump in Direct Assault: European Leaders Are Weak, Immigration a Disaster. Russia Is Strong and Big — and Will Win
"App recommendation" or disguised advertisement? ChatGPT Premium users are furious
"The Great Filtering": Australia Blocks Hundreds of Thousands of Minors From Social Networks
Mark Zuckerberg Pulls Back From Metaverse After $70 Billion Loss as Meta Shifts Priorities to AI
Nvidia CEO Says U.S. Data-Center Builds Take Years while China ‘Builds a Hospital in a Weekend’
Indian Airports in Turmoil as IndiGo Cancels Over a Thousand Flights, Stranding Thousands
Hollywood Industry on Edge as Netflix Secures Near-$60 Bln Loan for Warner Bros Takeover
Drugs and Assassinations: The Connection Between the Italian Mafia and Football Ultras
Hollywood megadeal: Netflix acquires Warner Bros. Discovery for 83 billion dollars
The Disregard for a Europe ‘in Danger of Erasure,’ the Shift Toward Russia: Trump’s Strategic Policy Document
Two and a Half Weeks After the Major Outage: A Cloudflare Malfunction Brings Down Multiple Sites
UK data-regulator demands urgent clarity on racial bias in police facial-recognition systems
Labour Uses Biscuits to Explain UK Debt — MPs Lean Into Social Media to Reach New Audiences
German President Lays Wreath at Coventry as UK-Germany Reaffirm Unity Against Russia’s Threat
UK Inquiry Finds Putin ‘Morally Responsible’ for 2018 Novichok Death — London Imposes Broad Sanctions on GRU
India backs down on plan to mandate government “Sanchar Saathi” app on all smartphones
King Charles Welcomes German President Steinmeier to UK in First State Visit by Berlin in 27 Years
UK Plans Major Cutback to Jury Trials as Crown Court Backlog Nears 80,000
UK Government to Significantly Limit Jury Trials in England and Wales
U.S. and U.K. Seal Drug-Pricing Deal: Britain Agrees to Pay More, U.S. Lifts Tariffs
×