ENERGY firm Pure Planet has collapsed amid rising energy costs and soaring gas bills.
The supplier has 250,000 customers who will now need to be moved to another provider.
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It comes as another three energy firms are predicted to collapse before the week is through too.
Analysts reportedly said Ampower, Zebra Energy and Neon Reef could be at risk of collapsing next.
But they’re not the first to cease trading amid the energy crisis, as another 10 have already folded.
Small energy firms Green and Avro ceased trading last month, leaving a combined 835,000 customers without a supplier.
Utility Point and People’s Energy also folded, along with a host of other small providers who have met the same fate.
Wholesale gas prices have risen more than 250% since the beginning of the year, creating a strain on the UK energy industry that has toppled certain providers.
More to follow…
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