Snowdrop had previously transferred all its customer to Nabuh Energy. Earlier this year some of Snowdrop's customers were thought to have "slipped" through Ofgem's safety net.
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Around 300 customers 'slipped through Ofgem's safety net' according to industry sources.
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Snowdrop Energy said on its website that the "continued increase in wholesale market prices" has put pressure on its business, which has sparked the decision to “protect” its customers through winter.
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