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PRIVACY
Retail & Consumer

Igloo, Symbio and Enstroga join growing list of failed energy suppliers

They are the latest firms to collapse amid soaring wholesale gas prices

Igloo Energy has ceased trading

Three more º£½ÇÊÓÆµ energy companies have gone bust – taking the total number in recent days to nine.

Ofgem said Igloo, Symbio and Enstroga have all ceased trading, following the massive hike in gas prices.

Igloo Energy supplies gas and electricity to around 179,000 domestic customers, Symbio supplies around 48,000 domestic customers and a small number of non-domestic customers and Enstroga supplies around 6,000 domestic customers.

Under Ofgem’s safety net, the energy supply to all affected customers will continue and credit balances will be protected.

Domestic customers will also be protected by the energy price cap when being switched to a new supplier.

It comes following the recent failures by People’s Energy, Green Supplier Ltd, Utility Point, PfP Energy, MoneyPlus Energy, and Avro Energy. Octopus Energy stepped in this week to take on Avro’s 580,000 customers after what Ofgem called a “competitive process” to get the best deal for Avro’s clients.

Enstroga is based in Nottingham, Igloo Energy is registered in Southampton, while Symbio Energy is in Watford.

A statement on the Enstroga website said: “We are saddened to inform you that Enstroga, your electricity and gas supplier, is ceasing trading in the United Kingdom.