Ofgem confirms fourth supplier failure in a week

Ofgem has confirmed two more energy companies are to exit the market, leaving more than half a million customers for suppliers of last resort to pick up. People's Energy, a social enterprise formed in 2017, supplied 350,000 consumers, while Utility Point had 220,000 billpayers. An Ofgem executive told Utility Week the question of how to alleviate the intense pressures on the retail sector was now "a key point of discussion". 

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