Bizz Energy may collapse into administration after struggling to refinance its debts.
The independent energy company has hired KPMG to carry out a quick auction in the hope of finding a new buyer as soon as this weekend.
Failure to find a new buyer may lead to the company filing for administration this week, barely two weeks after Electricity 4 Business went into administration.
Separately, Welsh Power has also put itself up for sale.
The disappearance of small, independent energy suppliers leaves a market dominated by just six large utilities. With less competition, it is questionable how competitive their prices need be.
Source: Sunday Times