Gas price rise could see independent energy suppliers go bust in UK

Gas price rise could make independent energy suppliers go bust

Independent suppliers of energy in the UK could go bust this winter due to price rise in the price of gas. It is featured these companies could be caught out by the steep rises in the price of gas.

This would undoubtedly leave thousands of house hold without energy and an energy supplier.

Moreover, the reductions of independent companies would leave the bigger energy companies with less competition and this might not be good for customers.

Comment

Reducing competition and customer choice is not good and might lead to customers paying more for their energy.

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