Open letter to insolvency practitioners appointed to failed Energy Supply companies
Guidance
Publication date
Industry sector
Supply and Retail Market
This letter reflects Ofgem's experience of dealing with insolvency practitioners appointed to failed energy suppliers and sets out Ofgem's expectations of insolvency practitioners operating in this context. This letter covers the following: (1) context on the role of Ofgem when energy suppliers fail; (2) the role of an insolvency practitioner when energy suppliers fail; (3) Ofgem's engagement with insolvency practitioners and our expectations; and, within the annex, some relevant requirements on energy suppliers to prioritise good consumer outcomes.