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Old 29-10-2021, 20:27   #220
Taf
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Join Date: Jun 2003
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Re: Energy companies collapse

Quote:
Originally Posted by SnoopZ View Post
Not good i'm with them, what happens when it goes bust, the lights don't suddenly switch off and how do we reclaim the balanced owed?

"Martin Lewis

Pls share.

Sky reports energy firm Bulb UK may go under imminently. Many consumers panic asking me "should I switch now?" My answer is no.
- You're on a price capped tariff. Nowt cheaper is available.
- If any firm goes bust you'll be auto-moved to a price capped tariff.
- Your credit is protected by Ofgem.
- Switch now & if it does go under you may be caught in middle.
DO NOTHING!

PS business energy tariffs are a different matter and not my expertise, so this doesn't apply to them."
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