Harrogate energy company CNG ceases trading
The energy company made the announcement today
Last updated 3rd Nov 2021
Harrogate-based energy company CNG has gone bust.
It follows a number of other companies making the same announcement in recent weeks.
It's as a result of soaring natural gas prices combined with the UK’s energy price cap.
The firm, found on Victoria Avenue, made the announcement today and it's thought 145 jobs have been lost as a result.
The company had been operating for nearly three decades.
Ofgem the energy regulator, is appointing a new supplier for CNG customers.
In a statement the company said:
"Customers need not worry, their supplies are secure and funds that domestic customers have paid into their accounts will be protected if they are in credit.
"Ofgem’s advice is not to switch, but to wait until they appoint a new supplier for you. This will help make sure that the process of handing customers over to a new supplier, and honouring domestic customers’ credit balances, is as hassle free as possible for customers.
"Support and advice is available on the Ofgem website for both domestic customers and non-domestic customers.
"Alternatively, if customers need additional support in England and Wales, they can call Citizens Advice on 0808 223 1133 or email them via their webform. "