Uswitch comments on Orbit Energy and Entice Energy exiting the market
Following the news that Orbit Energy and Entice Energy are exiting the market, Uswitch issued the below comment.
Justina Miltienyte, energy policy expert at Uswitch.com, said: “Just days after Bulb entered special administration, the energy crisis has claimed two more suppliers, with both Orbit Energy and Entice Energy announcing today that they are exiting the market.
“These latest collapses mean that nine domestic suppliers have left the market in November alone.
“Concerned consumers can be reassured that their energy supply will continue as normal and credit balances will be protected.
“Customers should note their meter readings now, and again when contacted by their new supplier, to ensure their bills are accurate.
“It is best to wait until your new supplier is announced and your account is transferred before looking around for another deal - but it’s probably best to stay put for now, as you will be put on a tariff that’s protected by the price cap.
Uswitch is offering customers tips on what to do if their energy supplier goes out of business.
https://www.uswitch.com/gas-electricity/guides/energy-supplier-out-of-business/
About Uswitch
Uswitch is one of the UK’s top comparison websites for home services switching, including energy, broadband and mobiles.
More people go to Uswitch to switch their energy, broadband and mobile than any other site, and we have saved consumers over £2.7 billion off their bills since we launched in September 2000.
Free mobile app Utrack also helps households manage their home energy usage and make potential savings.
Uswitch is part of RVU, a group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.