Justina Miltienyte, energy policy expert at Uswitch.com, said: “This is another hammer blow for the UK energy market.
“A total of 17 domestic suppliers have left the market since the beginning of September, displacing more than two million customers.
“Although customer numbers are small at 6,000, Omni primarily focused on consumers with prepayment meters, who are more likely to be vulnerable and at risk of fuel poverty.
“Unfortunately, we may not have seen the end of this situation, but concerned consumers can be reassured that their energy supply will continue as normal and credit balances will be protected.
“If you are affected by your supplier leaving the market, don’t do anything until you are moved to a new provider appointed by Ofgem. Wait for the dust to settle on the current situation before seeing whether there are any better deals available elsewhere.
“Customers should note their meter readings now, and again when contacted by their new supplier, to ensure their bills are accurate.”
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/
Uswitch is one of the UK’s top comparison websites for home services switching, including broadband, mobiles, SIM Only and insurance. We’ve saved consumers over £2.5 billion off their bills since we launched in September 2000.
In 2022, Uswitch launched its free mobile app, Utrack, to help consumers manage their home energy costs. By connecting to their smart meter, users can track their energy usage hourly, get dynamic insights and calculate potential savings with handy tips.
Uswitch is part of RVU, a global group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.