UK households will be paying much higher energy bills, which will rise not only because of high power and gas prices but also because of the collapse of Bulb, the biggest victim of the energy crisis so far, according to the UK’s energy regulator Ofgem, cited by Bloomberg. The energy crisis and soaring wholesale power and natural gas prices claimed its biggest victim so far in the UK when Bulb, a power and gas supplier serving 1.
7 million customers, said at the end of November that it would enter into special administration. The collapse of…UK Grim Prospects Over Surging Energy Bills Just Got Worse
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