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Opinion: Energy supply company insolvencies: a concerning trend or opportunities in a tough ‘challenger’ market?

Claire King and Matt Hill examine the applications of Ofgem’s ‘supplier of last resort’ process so far, and consider the implications for challenger companies and those taking on customers

Last winter we saw Ofgem using its Supplier of Last Resort (SoLR) powers for the first time in eight years when GB Energy Supply ran into financial difficulties. Last month we saw Ofgem use those powers once again when Future Energy collapsed and Green Star Energy was appointed the replacement supplier.

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