Bright Energy to exit Ireland over costs

100% green energy company was formed in 2020 through a partnership between fuel retailer Maxol and Evermore Energy

The company had 1,300 customers.

Bright Energy announced it will exit the electricity supply market in Ireland and its customers will be transferred to Electric Ireland.

The Belfast-based firm has felt the increasing pressure of the energy crisis and said in a statement:  “Wholesale energy prices have increased by 200% and, unfortunately, operating under the current conditions with no sign of market recovery is no longer a viable option for us.”