London Daily

Focus on the big picture.
Monday, Feb 09, 2026

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
China and UK Signal Tentative Reset with Commitment to Steadier, Professionally Managed Relations
UK Confirms Imminent Increase in ETA Fee to £20 as Entry Rules Tighten
UK Signals Possible Seizure of Russia-Linked ‘Shadow Fleet’ Tanker in Escalation of Sanctions Enforcement
Epstein Scandal Piles Unprecedented Pressure on UK Prime Minister Keir Starmer’s Leadership
UK’s ‘Most Romantic Village’ Celebrates Valentine’s Day and Explores the Festival’s Rich History
The Implications of Expanding Voting Rights to Non-EU Foreign Residents in France
Ghislaine Maxwell to Testify Before US Congress on February 9
Al.com Acquired by Crypto.com Founder for $70 Million
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
US and Iran to Begin Nuclear Talks in Oman
Winklevoss-Led Gemini to Slash a Quarter of Jobs and Exit European and Australian Markets
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
NASA allows astronauts to take smartphones on upcoming missions to capture special moments.
Trump administration to launch TrumpRx.gov for direct drug purchases
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Epstein Case Documents Reignite Global Scrutiny of Political and Business Elites
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
UK Royal Family Faces Intensifying Strain as Epstein-Linked Revelations Rock the Institution
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
Tech Mega-Donors Power Trump-Aligned Fundraising Surge to $429 Million Ahead of 2026 Midterms
UK Pharma Watchdog Rules Sanofi Breached Industry Code With RSV Vaccine Claims Against Pfizer
Melania Documentary Opens Modestly in UK with Mixed Global Box Office Performance
Starmer Arrives in Shanghai to Promote British Trade and Investment
Harry Styles, Anthony Joshua and Premier League Stars Among UK’s Top Taxpayers
New Epstein Files Include Images of Former Prince Andrew Kneeling Over Unidentified Woman
Starmer Urges Former Prince Andrew to Testify Before US Congress About Epstein Ties
Starmer Extends Invitation to Japan’s Prime Minister After Strategic Tokyo Talks
Skupski and Harrison Clinch Australian Open Men’s Doubles Title in Melbourne
DOJ Unveils Millions of Epstein Files, Fueling Global Scrutiny of Elite Networks
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
China Lifts Sanctions on British MPs and Peers After Starmer Xi Talks in Beijing
Trump Nominates Kevin Warsh as Fed Chair to Reorient U.S. Monetary Policy Toward Pro-Growth Interest Rates
AstraZeneca Announces £11bn China Investment After Scaling Back UK Expansion Plans
Starmer and Xi Forge Warming UK-China Ties in Beijing Amid Strategic Reset
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
U.S. Signals Potential Decertification of Canadian Aircraft as Bilateral Tensions Escalate
Former South Korean First Lady Kim Keon Hee Sentenced to 20 Months for Bribery
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
China Executes 11 Members of the Ming Clan in Cross-Border Scam Case Linked to Myanmar’s Lawkai
Trump Administration Officials Held Talks With Group Advocating Alberta’s Independence
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
Shopping Chatbots Move From Advice to Checkout as Walmart Pushes Faster Than Amazon
Starmer Seeks Economic Gains From China Visit While Navigating US Diplomatic Sensitivities
×