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bad debt
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Press Releases
Urgent measures needed to prevent vicious cycle of supplier failure and rising bills
In response to Ofgem’s announcement of a consultation on recovering bad debt, Dr Matthew Chadwick, Lead Research Analyst at Cornwall Insight said: “The energy price crisis has left millions of households struggling to pay their bills, even as prices have begun to fall. With government support all but ended for...
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Media Mentions
Reuters| Supplier debt
Following an Insight paper released by Cornwall Insight and Complete Strategy on bad debt and energy suppliers, Matthew Chadwick our Lead Research Analyst was featured on the Reuters website. Matthew spoke on the knock on effect the bad debt could have to suppliers, many of whom were already working to...
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Press Releases
Energy suppliers face over £1.9bn of debt as households struggle to pay their bills
A new report from Cornwall Insight and Complete Strategy – ‘Bad debt and energy suppliers: A systemic risk’ – has shown domestic energy suppliers could be exposed to approximately £1.9bn of debt1, of which a significant portion could be unrecoverable. The amount of unrecoverable debt, known as bad debt, facing...
