Daylight Energy, an energy company based in Dorset, has recently entered liquidation, causing financial hardship for hundreds of customers.
The company, burdened with substantial debts, owes more than £1 million to its customer base.
A report from insolvency practitioners Verulam Advisory has unveiled that a total of 397 customers had made deposits amounting to £1,014,427, which are now classified as unsecured.
ELN has reached out to Verulam Advisory for comment – the firm did not respond before publication.
ELN contacted Ofgem and the Home Insulation and Energy Systems Quality Assured Contractors Scheme for comment.