THREE further energy firms will cease trading, according to regulator Ofgem.

Enstroga, Igloo Energy and Symbio Energy are the latest to be impacted by the massive rise in wholesale gas costs.

In the last month more than two million customers have seen their provider go bust, thanks to the 250% increase in gas costs.  

Prior to today Green and Arvo were the most recent firms to stop trading, with their customers absorbed into Shell and Octopus respectively.

If Enstroga, Igloo or Symbio supply your energy, Ofgem has warned customers not to panic. 

Neil Lawrence, director of retail, said: “Ofgem’s number one priority is to protect customers. We know this is a worrying time for many people and news of a supplier going out of business can be unsettling.

“I want to reassure customers of Enstroga, Igloo Energy and Symbio Energy that they do not need to worry. Under our safety net we’ll make sure your energy supplies continue. If you have credit on your Enstroga, Igloo Energy or Symbio Energy account, the funds you have paid in are protected and you will not lose the money that is owed to you.

“Ofgem will choose a new supplier for you, and while we are doing this our advice is to wait until we appoint a new supplier and do not switch in the meantime. You can rely on your energy supply as normal. We will update you when we have chosen a new supplier, who will then get in touch about your tariff.

“Any customer worried about paying their energy bill should contact their supplier to access the range of support that is available.”