GB Energy Supply are no longer trading as of 28th November 2016.
In a statement on their website from Luke Watson, Managing Director, it claimed that:
"Due to swift and significant increases in energy prices over recent months and, as a small supplier our inability to forward buy energy to allow us to access the best possible wholesale prices, means that the position of the business has become untenable and as such we will now be entering a process overseen by Ofgem to move customers to a new supplier."
All of GB Energy Supply's 160,000 customers will now be transferred to Co-operative Energy from 30th November, 2016 onwards.
If you which to switch supplier or if you have any concerns or queries please do not hesitate to call one of our energy experts on 0800 9888 375.
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To read GB Energy's full statement you can read it here: gbenergysupply.co.uk.