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Our Power in SOLR

Our Power is the latest company to enter the ‘suppler of last resort’ process and exit the market.

The company has around 38,000 domestic customers that will be transferred to a new suppliers under Ofgem’s ‘supplier of last resort’ process.

The company was backed by £9.5 million in funding from the Scottish government and was working with social housing companies. Other funding included a £4.4 million crowdfunding round in 2017. The first returns on the bond – a payment thought to total nearly £300,000 a year – were due in January.

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