On the 26th November, GB Energy announced that they have ceased trading.
Their statement reads: 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 you to a new supplier.
What does this mean for any customer of GB Energy?
Ofgem, the industry regulator, appointed Co-Operative Energy as the new supplier of GB Energy's customers on Wednesday 30th November 2016. Customers can use Energylinx if they would like to arrange a transfer to a new supplier.