Bulb placed into special administration - What now?

Bulb Energy, which started in 2015 and was one of the first providers to offer renewable energy at affordable rates, has gone into special administration due to the spike in wholesale prices.

This means that for now the insolvent company is continuing to run as normal whilst administrators are brought in and the company sold at the appropriate time - if it can be. Customers will be transferred to another provider.

Is it better to go with a bigger supplier or a smaller one at the moment? Should Bulb customers shop around or wait and see what happens?

Have you got any advice for forum members affected by this and the collapse of other energy firms?

 

[deltay]

Which energy firm are you with? Perhaps it's worth doing a poll for this to see what firm electricians and plumbers are with.

Scottish Power

 

[ketchcat]

Was with Avro now been moved to Octopus.

 

[Peter Wilson]

Which energy firm are you with? Perhaps it's worth doing a poll for this to see what firm electricians and plumbers are with.

SHELL Energy

 

[telectrix]

Which energy firm are you with? Perhaps it's worth doing a poll for this to see what firm electricians and plumbers are with.

plumbers will all be with Bypass Energy plc.

 

[pc1966]

I'm on SSE, though got letters recently saying it will be Ovo or something (same rates).

 

[Gavin John Hyde]

Octopus not just for the great over night rate of 5p per kwh which is good for charging the car or battery storage etc. but all those £50 referrals I have done have saved me a fortune.
Excellent customer service, fair prices so happy to stick with them

 

[BenCos18]

we're with glowpower atm
Though the contract is up in the next month or two iirc so we have to take a look at the others again also

 

[BazS]

Which energy firm are you with? Perhaps it's worth doing a poll for this to see what firm electricians and plumbers are with.

I was with Green but when they went bust was transferred to Shell.

 

[ericlime]

I'm a hobbyist. Hence no company

 

[Msitekkie]

Another one with Octopus. Always seem to be rated highly with Which?
I am planning on getting a battery system to add to my solar panels, so Octopus "Outgoing Agile" will be a no-brainer. Octopus seem to be way ahead on innovation, clearly some very switched on people running the business - I believe they do hedge their energy costs too, so better placed than some of the others that have gone out of business.
BTW this story explains why Bulb customers are NOT being transferred:
Energy firm Bulb to go into administration

 

[cloverman]

I'm with EDF so will be stuck there now for a spell until the Madness runs it's course

 

[Baddegg]

I’ll ask my mrs…..words words words

 

[Tim Court]

I was with igloo before I moved house. Now with SSE

 

[Lister1987]

With Bulb here, been with them for some time, started out great, then we moved house and due to smart meter issues had a whopping £600 bill where tht smart meter hadn't communicated in months, finally started working and wallop one big --- bill.

Staying put for now, have no EV/PV/ESS so not idea whT supplier to change to, probsy Octopus

 

[brianmoooore]

Was moved to Octopus when a supplier went bust a few years ago. From there I moved two accounts to Iresa, and have just been compulsorily moved to EON. Should probably have stayed with Octopus.
Have another account with Scottish Power, who I have been in dispute with for several years. Can't leave because of their alleged outstanding balance. Have a folder containing a sheath of 54 threating letters of one kind or another, ranging from 'payment overdue', through 'escalated collections' to ten letters from their 'in house' Grovesnor sollcitors, plus two visits from debt collectors in person. Keeps people in employment, I suppose.