Energy supplier Toto has closed its doors, becoming the 16th smaller provider in the UK to do so since the beginning of 2018. The company owed £4m ($5.2m) in renewable energy obligations to Ofgem and has struggled with operating efficiently. Of Toto's 43,000 domestic customers, 134,000 had been transferred from Solarplicity in July, which itself went bust in August. The energy supplier is the fourth largest in terms of customers to have ceased trading since November 2016.
Energy supplier Toto has closed its doors, becoming the 16th smaller provider in the UK to do so since the beginning of 2018. The company owed £4m ($5.2m) in renewable energy obligations to Ofgem and has struggled with operating efficiently. Of Toto's 134,000 domestic customers, 43,000 had been transferred from Solarplicity in July, which itself went bust in August. The energy supplier is the fourth largest in terms of customers to have ceased trading since November 2016.