Harsh UK Energy Regs Claims 13th Victim

UK renewable energy supplier Solarplicity says it is ceasing to trade, blaming the harsh regulations in the energy market and increased competition, and becoming the 13th energy supplier in the UK to have gone out of business since the beginning of 2018. “Solarplicity Supply Limited is ceasing to trade and Ofgem, the energy regulator, will appoint a new supplier to look after its customers,” the company said in advice to customers posted on its website. “The large number of small energy suppliers and the harsh way the market is…