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PFP Energy

From EverybodyWiki Bios & Wiki


PFP Energy was a British electric power company. It went bust on 7 September 2021[1] when windpower in the UK was low and electricity prices skyrocketed;[2][3] the same crisis took out several other power companies.[4] The company was based in Preston, Lancashire.[5] It was a non-profit.[6][7]

At the time of its collapse, the company had 82,000 domestic customers and 5,000 non-domestic customers.[8][9] It was the third company to cease trading in just a few weeks in the UK.[10]

British Gas took over the customers left over when PFP ceased trading, on orders from Ofgem.[11]

The company was founded in 2014. In 2019, it had 50,000 residential customers and 2,600 commercial customers.[12]

References[edit]

  1. Munbodh, Emma (2021-09-09). "100,000 homes left without an energy supplier after two firms collapse in a week". Mirror. Retrieved 2021-09-14. Unknown parameter |url-status= ignored (help)
  2. "UK fires up coal power plant as gas prices soar". BBC News. 2021-09-06. Retrieved 2021-09-14.
  3. Joe Wallace (13 September 2021). "Energy Prices in Europe Hit Records After Wind Stops Blowing". The Wall Street Journal. Retrieved 14 September 2021. U.K. wind farms produced less than one gigawatt on certain days, according to Mr. Konstantinov. Full capacity stands at 24 gigawatts
  4. https://www.independent.co.uk/business/energy-suppliers-utility-point-and-people-s-energy-cease-trading-b1919905.html
  5. Whitear, Sam (2019-07-01). "PFP Energy targets commercial growth with rebrand". Business Lancashire. Retrieved 2021-09-14. Unknown parameter |url-status= ignored (help)
  6. Renaud-Komiya, Nick. "PFP Energy review | Electricity, gas and dual fuel tariffs". Finder UK. Retrieved 2021-09-14.
  7. "PFP Energy Review 2021💡". Independent UK Energy Reviews. 2020-04-25. Retrieved 2021-09-14.
  8. Grundy, Alice (13 September 2021). "British Gas to take on customers of failed suppliers PfP, MoneyPlus". Current. Retrieved 2021-09-18. Unknown parameter |url-status= ignored (help)
  9. Ambrose, Jillian (8 September 2021). "Two UK energy suppliers collapse amid record surge in prices". The Guardian. Retrieved 14 September 2021. PfP has left 80,000 domestic customers, and 5,000 non-domestic customers without an energy supplier
  10. "British Energy Suppliers Go Out of Business as Prices Surge". Bloomberg. 2021-09-07. Retrieved 2021-09-14.
  11. "PFP Energy". British Gas. Retrieved 2021-09-14. Unknown parameter |url-status= ignored (help)
  12. Whitear, Sam (2019-07-01). "PFP Energy targets commercial growth with rebrand". Business Lancashire. Retrieved 2021-09-14. Unknown parameter |url-status= ignored (help)


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