Love Energy Savings has taken over Energy Helpline which fell into administration in April

The move follows the UK Energy Incubator Hub’s decision to cease to trade a few days ago

The company integrated the Management and Support team of Magnum Utilities which entered administration

Price comparison site Energy Helpline has allegedly collapsed into administration

Bulb’s special administrators reportedly revealed that by the end of last October the company had a total of £640 million of liabilities

Reports claim that the company could go under even this week

The supplier left 11,700 customers behind

Keith Anderson said that in April the price cap will go up by several hundred pounds

Does Bulb’s failure mean that the energy sector will see darker days? What does the industry believe?

The firm, which aimed to commercialise its flow control devices and modernise the UK grid, has gone bust after running out of funding