A business committee was told 'If you think things are bad now, you've not seen anything yet.'
The committee has been hearing from experts, ministers and industry insiders for months.
Owing to the failure of 29 companies, 2.4 million customers were moved to other suppliers, and often to more expensive tariffs, and one large supplier - Bulb - is in special administration. A spokesman for Ofgem said the regulator had been "clear and transparent" that suppliers and its own regime had not been robust enough.
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