Energy firm Rebel Energy goes bust as bills jump up by £111 leaving 80,000 customers WITHOUT a supplier

Customers can expect to be contacted by their new supplier in the next few days.

The director general for markets at Ofgem, Tim Jarvis, assured customers they had no need to panic.

He said: "Rebel Energy customers do not need to worry, and I want to reassure them that they will not see any disruption to their energy supply, and any credit they may have on their accounts remains protected under Ofgem's rules.

"We are working quickly to appoint new suppliers for all impacted customers."

He went on to advise customers to not attempt to switch suppliers themselves, as a new supplier would be in touch soon.

The company’s bust comes as energy bills have risen for millions.

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A new energy price cap came into force on April 1, which means the average dual fuel bill for those not on a fixed deal has risen from £1,738 a year to £1,849.

This is an increase of £9.25 a month, or £111 a year.

The energy price cap is set by Ofgem every three months.

A series of other household bill increases will come into place today in what has been nicknamed "awful April".

Car tax, broadband and TV licence fees are also all set to rise.

Households in England and Wales will also see their water bills increase by an "extortionate" average of £86 over the next year alone.

Millions of households will see a jump in their annual council tax bills from April 1, with most local authorities in England increasing a typical band D bill by five per cent, an increase of £109 to £2,280 from the 2024-25 figure of £2,171.

However, some councils have permission to impose hikes of up to 10 per cent.