Regulator Ofgem has appointed First Utility to supply about 7,000 customers of Usio Energy, which ceased trading earlier this week.

Philippa Pickford, interim director at Ofgem, said: “We are pleased to secure a deal with First Utility, where Usio Energy’s customers will be offered a competitive tariff for their energy. Their credit balances will be honoured and their energy supply will continue as normal.

“Our advice for customers of Usio Energy is to wait until First Utility contacts you. They will give you more information about the tariff you are on, and about your credit balance if you have one. Then you can shop around for a better deal if you wish to.”