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‘61% of Brits to switch suppliers after high bills’
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It is the 10th supplier to collapse over the last year
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The money includes almost £11.5m in customer credit balances
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Our Power has become the 10th energy company to go bust in a year
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The energy supplier’s collapse leaves 235,000 consumers in a state of limbo until they are appointed to a new provider
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It has separately been appointed by Ofgem to take on around 290,000 customers
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That includes 108,000 domestic customers and 21,000 business customers
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It supplies gas and electricity to around 290,000 householders
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It is the sixth supplier to have ceased trading this year
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Customers are being advised not to switch suppliers yet and to take a meter reading, ready for when their new energy provider contacts them
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Ofgem has selected Octopus Energy to take over its customers
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The latter supplier was branded the ‘worst energy company’ by Citizens Advice amid record level of complaints
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The company was banned by Ofgem from taking on new customers due to poor service
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