What Business Owners Need to Know
Over the past few years, the UK energy market has seen a wave of supplier collapses—many of which served both domestic and business customers. While most media coverage focuses on households, the impact on UK businesses has been just as significant, if not more so.
In this blog, Scalex Technology explains:
- Which business energy suppliers have gone bust
- Why it’s happening
- What to do if your supplier fails
- How to protect your business in a volatile market
Why Are Energy Suppliers Going Bust?
Several factors have caused over 30 UK energy suppliers to go bust since 2021:
- 📈 Rising wholesale gas prices
- ❌ Price cap restrictions (mainly affecting domestic tariffs)
- 🔁 Poor financial resilience or mismanagement
- 💼 Small suppliers overexposed to price volatility
- 💸 Lack of hedging strategies to manage market swings
While some failed suppliers only served residential customers, many also supplied small and medium-sized businesses.
List of UK Energy Suppliers That Have Gone Bust (Including Business Providers)
Here are some notable UK energy suppliers that served business customers and have ceased trading since 2025:
| Supplier Name | Date Ceased Trading | Notes |
|---|---|---|
| CNG Energy | November 2025 | Major B2B supplier; caused widespread impact on SMEs |
| Axis Energy | December 2025 | Business-focused, ceased trading silently |
| Bluegreen Energy | November 2025 | Supplied both domestic and commercial users |
| PFP Energy | September 2025 | Supplied small businesses and homes |
| Utility Point | September 2025 | Offered competitive SME rates |
| Green Network Energy | January 2025 | Supplied both homes and businesses |
| Ampower UK | November 2025 | Had commercial clients across UK regions |
| MA Energy | November 2025 | Focused solely on business energy supply |
| Go Effortless Energy | January 2025 | Supplied some small businesses |
This is not an exhaustive list—many smaller providers exited the market quietly, and Ofgem reassigned their customers.
What Happens If Your Business Energy Supplier Goes Bust?
If your energy supplier collapses:
- Don’t panic – your gas and electricity supply will not be interrupted.
- Ofgem will appoint a new supplier under its Supplier of Last Resort (SoLR) scheme.
- The new supplier may not honour your old contract or rates—especially if you had a fixed deal.
- You’ll be placed on a “deemed” or variable tariff, which could be more expensive.
- You are free to switch suppliers once your account is transferred.
What You Should Do if Your Supplier Has Gone Bust
✅ Take a meter reading immediately
✅ Download old bills or account statements
✅ Wait for your new supplier to contact you
✅ Compare new tariff offers—you’re not obligated to stay
✅ Contact Scalex Technology to help you switch quickly and avoid overpaying
How to Protect Your Business from Future Collapses
To minimise disruption and cost, follow these steps:
1. Use Trusted Suppliers
Work with energy providers that have a strong financial rating and a history of supporting business clients.
2. Avoid Overly Cheap Tariffs
If a deal looks too good to be true, it probably is. Many collapsed suppliers underpriced their contracts unsustainably.
3. Work with an Energy Consultant
Scalex Technology monitors market risks and only works with vetted suppliers. We negotiate on your behalf and provide switching support in the event of a supplier failure.
How Scalex Technology Can Help
At Scalex Technology, we provide:
- Independent supplier comparisons
- Contract protection strategies
- Help with switching after a collapse
- Smart metering and usage monitoring tools
- Emergency support for disrupted businesses
Whether you’re renewing, switching, or simply seeking advice—we’re here to ensure your energy supply is stable and your costs stay controlled.
⚡ Has Your Energy Supplier Gone Bust?
Contact Scalex Technology for free support and alternative tariff options. We’ll help you navigate the transition smoothly and make sure your business doesn’t pay more than it should.
