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Zog Energy becomes 25th UK supplier to go bust in three months
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Another of the UK’s small energy companies has gone bust, bringing the total number of suppliers that have collapsed in the past three months after a record surge in energy market prices to 25.
Zog Energy, which supplies gas to about 11,700 households, announced on its website that it had ceased to trade and that the energy regulator, Ofgem, would appoint a new supplier to take on its customers.
Ofgem has been forced to find new suppliers for more than 2 million households affected by the collapse of energy suppliers since the start of September. The fate of another 1.7 million Bulb Energy customers is yet to be decided by a special administrator, which was appointed to handle the large-scale collapse.
Zog Energy was founded in 2012 with a
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