THE recent spate of supplier collapses will cost all energy customers more than £1billion, an industry chief has warned.
It could mean every household shelling out £50 on top of the jump in energy prices they are already facing.
The alert from Bill Bullen, founder and chief executive of Utilita, one of the bigger suppliers, came amid fears of more failures after a surge in wholesale costs.
Six suppliers with 1.5 million customers have gone bust this month including Avro Energy, with 580,000 customers.
Continue reading your story on the app
Continue reading your story in the newspaper
Fury tribute to 4 victims of car crash
BOXER Tyson Fury has paid tribute to four family members killed in a crash on the way to watch his defeat of Deontay Wilder.
A bumpy road for Lew & Co
LEWIS HAMILTON and the rest of the F1 drivers should brace themselves for a "complicated" weekend at the United States Grand Prix.
'Financial interest' led to doomed Sala flight
A PILOT on trial over the fatal plane crash that killed Argentinian footballer Emiliano Sala organised the flight out of "financial interest”, a jury heard.
Prince George Air To Throne.. As He Learns About Climate
Prince George is learning about climate change, grandfather Prince Charles said yesterday as he begged young people to give back to nature.
Toy Prices Up 11% As Port Woes Persist
Head of Business ONLINE retailers have hiked toy prices by an average 11% over the weekend amid delays at ports, it is claimed.
Sterling right to be rattled
RAHEEM STERLING'S frustration at not starting more often for Manchester City is totally understandable, according to team-mate Kevin De Bruyne.
SNOOKER MARK: MY CAREER'S IN DOUBT
MARK ALLEN fears he could be denied the chance to win the world title.
Nigella: I used to dread meal times as a kid
CELEBRITY chef Nigella Lawson says she hardly ate as a girl and lived in fear of meal times with her family.
German Bake Off star is on home ground
IT'S German Week on the Great British Bake Off but Black Forest native Jürgen Krauss might not have it all his own way.
Ford plugs into future with £230m hub
FORD is investing £230million in a factory to make parts for electric cars.