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Reading: Ofgem Appoints British Gasoline to Take Over Insurgent Power’s Prospects
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Pipeline Pulse > Oil > Ofgem Appoints British Gasoline to Take Over Insurgent Power’s Prospects
Oil

Ofgem Appoints British Gasoline to Take Over Insurgent Power’s Prospects

Editorial Team
Last updated: 2025/04/11 at 11:31 AM
Editorial Team 5 months ago
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Ofgem Appoints British Gasoline to Take Over Insurgent Power’s Prospects
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The Workplace of Gasoline and Electrical energy Markets (Ofgem) has appointed British Gasoline to tackle supplying Insurgent Power Provide Ltd’s 84,000 home prospects and 6,000 non-domestic prospects. This follows a aggressive course of run by Ofgem to get the most effective deal potential for patrons, it mentioned in a media launch. 

The method was initiated after Insurgent ceased buying and selling on April 1, 2025.

Funds deposited by present and former home prospects will stay protected if their accounts are in credit score. Moreover, home prospects will profit from an vitality value cap by means of their new provider.  For present Insurgent Power prospects, vitality provides will proceed as normal following their transition to British Gasoline on April 6, 2025, Ofgem mentioned.

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If prospects want to change suppliers, they’ll store round however are suggested to attend till the switch has been accomplished. Prospects won’t be charged exit charges in the event that they determine to modify to a different provider, it mentioned.

“Ensuring customers face as little disruption as potential when a provider exits the market is our primary precedence, so I’m happy to substantiate now we have appointed British Gasoline for patrons of Insurgent Power”, Tim Jarvis, Director Basic for Markets at Ofgem, mentioned. “Whereas I do know prospects could also be involved, they don’t want to fret. All credit score balances stay protected, and there will likely be no interruption to their vitality provide whereas the change is happening”. 

“Insurgent Power prospects will likely be positioned onto a aggressive tariff, although ought to contemplate what’s proper for them as soon as the switch is full. They will even face no exit charges in the event that they select to modify to a different provider”, Jarvis mentioned.

To contact the creator, electronic mail andreson.n.paul@gmail.com


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Editorial Team April 11, 2025
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