Is Bulb going bust? Green energy supplier could be latest to topple in UK

The UK’s leading green energy supplier, Bulb, is on the cusp of collapse in the face of rocketing wholesale prices, and the firm is now going into special administration in order to ensure that supplies to customers are maintained as its fate is decided.

The ongoing energy crisis has seen numerous small or second-tier energy suppliers go bust over the past few months, and Bulb, which has been a poster child for green energy providers since its launch, may well be the latest casualty, despite currently providing energy to 1.5 million customers across the UK.

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