Lots of dodgy facts flying around here. Just to clarify:
In the event of your supplier going bust you are moved automatically to a new supplier by Ofgem. If you are in credit, your money is protected and you'll be paid back. If you were in debt to the old supplier, you'll still have to pay the money back. The new supplier will contact you to arrange a payment. It’s all tightly regulated and will work itself out.
Lots of dodgy facts flying around here. Just to clarify:
In the event of your supplier going bust you are moved automatically to a new supplier by Ofgem. If you are in credit, your money is protected and you'll be paid back. If you were in debt to the old supplier, you'll still have to pay the money back. The new supplier will contact you to arrange a payment. It’s all tightly regulated and will work itself out.