{"id":60752,"date":"2021-12-03T07:27:09","date_gmt":"2021-12-03T12:27:09","guid":{"rendered":"https:\/\/olduvai.ca\/?p=60752"},"modified":"2021-12-03T07:27:09","modified_gmt":"2021-12-03T12:27:09","slug":"zog-energy-becomes-25th-uk-supplier-to-go-bust-in-three-months","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=60752","title":{"rendered":"Zog Energy becomes 25th UK supplier to go bust in three months"},"content":{"rendered":"
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Zog Energy becomes 25th UK supplier to go bust in three months<\/a><\/h3>\n<\/div>\n<\/div>\n<\/div>\n
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Company, which supplied gas to about 11,700 households, is another victim of record market prices<\/p>\n<\/div>\n<\/div>\n

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Zog Energy was founded in 2012 with a plan to offer households simple, affordable gas tariffs.<\/span> Photograph: Niklas Halle\u2019n\/AFP\/Getty Images<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n
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Another of the UK\u2019s small energy companies has gone bust, bringing the total number of suppliers that have collapsed in the past three months after a record surge in energy market prices to 25.<\/p>\n

Zog Energy, which supplies gas to about 11,700 households, announced on its website that it had ceased to trade and that the energy regulator,\u00a0Ofgem<\/a>, would appoint a new supplier to take on its customers.<\/p>\n

Ofgem has been forced to find new suppliers for more than 2 million households affected by the collapse of energy suppliers since the start of September. The fate of another 1.7 million Bulb Energy customers is yet to be decided by a special administrator, which was appointed to handle the large-scale collapse.<\/p>\n

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