Yorkshire energy ?

dogshome

Anyone know why YE has disappeared from the Citizen Advice comparison site, and their website is behaving very oddly?

Gerry1

Also missing from 'Switch with Which?'.

SnowTiger

dogshome said:

Anyone know why YE has disappeared from the Citizen Advice comparison site, and their website is behaving very oddly?

Perhaps linked to this: 

Another of Britain's retail energy groups is in emergency talks to avert its collapse, underlining the growing crisis in a sector facing a wave of bad debts because of the coronavirus pandemic.

Sky News has learnt that Yorkshire Energy, which is understood to have roughly 75,000 gas and electricity customers, has been working with advisers to raise additional funding.

Sources said that while there remained an outside chance of the company securing new financial backing, Yorkshire Energy could be the latest supplier to have its customer base transferred to a larger rival.

GunJack

Oh !!!!!!.....they were doing me so well too 🙁

Gerry1

Hope they survive, I found them good and would happily return to them.

brewerdave

God -hope this isn't the first of the next wave of supplier failures as we had in 2018 !!

UnclaimedEnergy

brewerdave said:

God -hope this isn't the first of the next wave of supplier failures as we had in 2018 !!

What do you mean the first of the next wave? 4 suppliers have exited the market in the last 3 months....

They're up for sale (Someone managed to leak the sale document to Sky... ) and if they do exit, won't be through SoLR. Making the progress to move suppliers a lot easier.

I spotted this on Thursday and contacted them, apparently the reason is because of "IT issue with quote tool in our system and they're working on it to get it fixed."

I think it's a lot more likely that they've just stopped taking on new customers due to a deal being completed, so they can just move customers over straight away without having to worry about ones switching over. I'd expect we will hear more in the next couple of weeks.

GunJack

been rooting around the web, can't find anything other than the sky story...website looks to be working normally...

Costa_del_Brid

I read my meters on Sunday and within 15 minutes my bill was available to view and download so website for me is still working normally. Just hope Yorkshire Energy don't fail as they are a good company.

UnclaimedEnergy

GunJack said:

been rooting around the web, can't find anything other than the sky story...website looks to be working normally...

They're definitely up for sale as the Sky story says and will be very unlikely to be going through SoLR. (Sky has called other transactions in the past a few days before it happening such as iSupply being sold)

They'll likely try to sell the company to an investor but are more likely to just sell off the customer base to the highest bidder.

Shedman

It'll be a shame as they are one the few that I've renewed with and I've always had good service from them...fingers crossed nothing will change before the winters out as I'm on a good fix until March.