Business Energy supplier enters administration

Ofgem has announced that Rutherford Energy Supply (trading as Uttily Energy), an energy supplier with around 280 business customers has ceased to trade.

Under Ofgem’s safety net, the energy supply of Rutherford Energy’s customers will continue. Ofgem will choose a new supplier to take on all of Rutherford Energy’s customers. This supplier will contact these customers shortly after being appointed.

The parent company, Uttily Plc, will also cease to trade. Uttily does not directly supply energy to customers, but it has commercial arrangements in place with a number of partner suppliers where around 360 customers are supplied under the Uttily brand.

Most Uttily customers will continue to be supplied by the relevant partner supplier, therefore, Ofgem will not appoint a new supplier for these customers. Where the partner supplier for a customer is Rutherford Energy, Ofgem will appoint these customers a new supplier.

Philippa Pickford, Ofgem’s director for future retail markets, said “Rutherford Energy’s customers do not need to worry, as under our safety net we’ll make sure your energy supplies are secure. Ofgem will now choose a new supplier for you and while we’re doing this our advice is to ‘sit tight’ and don’t switch. You can rely on your energy supply as normal. We will update you when we have chosen a new supplier, who will then get in touch about your new tariff.”