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Ceased trading · November 2021

Bulb Energy archive

Bulb Energy ceased trading on 22 November 2021. Its customers were transferred to Octopus Energy under Ofgem's Supplier of Last Resort scheme. This page is kept as a historical record.

Founded 2015 About 1.7 million customers at the time of special administration

Ceased trading · 22 November 2021

Bulb Energy no longer supplies UK households

Energy-crisis failure. Bulb entered Special Administration on 22 November 2021 — the only UK supplier large enough to require this state-backed procedure rather than the standard Supplier of Last Resort route. Bulb could not cover its wholesale costs under the Ofgem price cap. Customers were transferred to Octopus Energy under Ofgem's Supplier of Last Resort (SoLR) scheme. This page is kept as a historical record. Information presented below was accurate at the time of original publication.

Founded

2015

Years on the UK market

Customers

About 1.7 million customers at the time of special administration

Households served

About

Who is Bulb Energy?

Registered as Bulb Energy Ltd, Bulb Energy uses this legal name for Ofgem licence filings, contracts and any formal communications. The trading name customers see on bills is the shorter, more recognisable form.

Bulb Energy was founded in 2015. The supplier operated under a domestic-supply licence until its closure, with a track record of customer service and billing publicly documented for the years it traded.

Bulb Energy is part of the Simple Energy group, which provides shared governance, financial backing and a broader pool of expertise in trading, hedging and regulatory work.

The company is regulated by Ofgem, the UK's energy regulator, and its complaint handling falls under the Energy Ombudsman alternative dispute resolution scheme.

Timeline

Bulb Energy — key dates

A short timeline of the Bulb Energy brand — founding, milestones, regulatory events and the closure that brought it to an end.

  1. 2015

    Bulb Energy is founded by Hayden Wood and Amit Gudka in London.

  2. 2017

    Bulb supplies just 15,000 homes.

  3. 2018

    Bulb is one of the fastest-growing companies in the UK.

  4. 2021

    By November 2021, Bulb has over 1.7 million customers. On 22 November 2021, Bulb enters special administration with Ofgem during the UK energy-price crisis.

  5. 2022

    Following a lengthy special-administration process, Bulb's customers are transferred to Octopus Energy in late 2022.

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Common questions

Bulb Energy — frequently asked questions

Energy-crisis failure. Bulb entered Special Administration on 22 November 2021 — the only UK supplier large enough to require this state-backed procedure rather than the standard Supplier of Last Resort route. Bulb could not cover its wholesale costs under the Ofgem price cap.

Existing customers were transferred to Octopus Energy under Ofgem's Supplier of Last Resort (SoLR) scheme — supply was never interrupted.

Your supply has not been interrupted: under the SoLR scheme, your supply is automatically handed to the successor supplier. Log in to the successor's online portal as soon as possible to set up your account, confirm your bank details and download any final Bulb Energy statements while the legacy website is still online.

You are not required to pay any exit fee to leave the deemed tariff. Once your account is set up, compare current deals through Selectra to find a cheaper plan that fits your usage.

Yes. Customer credit balances on accounts at the date of cessation are protected under Ofgem's SoLR scheme. The successor supplier (Octopus Energy) is required to honour your credit balance. Confirm the balance in writing within the first 30 days to avoid disputes later.

Yes — outstanding debts owed to Bulb Energy transfer to the administrator of the company's estate, not the SoLR. You may receive a written demand for the outstanding amount from the administrators. Verify any demand against your final Bulb Energy statement before paying.

You can complain about the conduct of Bulb Energy (mis-selling, billing errors, customer service) to the Energy Ombudsman, even after the supplier has ceased trading. For complaints about the SoLR transfer itself (delays, incorrect tariff), the route is the same — Ombudsman first, then Ofgem.

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