Chart of the week | Spook-tacular changes in the Domestic Energy Market

In this week’s Chart of the Week, we explore how the domestic energy market share has changed so far, and what the future may bring for large suppliers and challenger brands.

The Chart follows our latest publication Domestic Market Share Survey, which calculates the national account holdings and respective market share for all suppliers in the domestic market across electricity, gas and energy segmentations.

To keep reading, please log in to your account

Alternatively, please sign up to receive free market insight online and direct to your inbox

Related thinking

Home supply and services

Fail to prepare, prepare to fail – domestic switching rate dips

The Energy Retail Market Strategy for the 2020s places consumer engagement as a key focus in the short term through to the late 2020s. To increase competition and engagement, current proposals include the introduction of an opt-in switching scheme and trialling opt-out switching to ‘nudge’ consumers and suppliers towards more...

Home supply and services

900,000 domestic customers impacted by SoLR over last two years

Across 2020 and 2019, 887,000 domestic customers were supplied by a company which exited the market via the Supplier of Last Resort mechanism (SoLR). On average, this is around 1.7% of the market per year. In 2018, 551,000 domestic customers were supplied by a company which entered the Supplier of...

Home supply and services

Chart of the week | Green hair, green branches, green skin, green tariffs?

In this 'Chart of the week', we look at how prevalent green supply has become, unpick some of the drivers behind this, and look at the challenges now facing consumers, suppliers and policy makers confronted by a sea of green.  Over recent years, we estimate the percentage of households with...

Home supply and services

Chart of the week | SoLR process sees largest supplier exit

This January saw the largest supplier exit through Ofgem’s Supplier of Last Resort (SoLR) process. Green Network Energy ceased to trade on 27 January, with Ofgem appointing EDF Energy as SoLR for its 360,000 domestic customers shortly after. On the same day, the regulator announced the exit of Simplicity Energy,...

Commercial and market outlook

Chart of the week | Nearly 6mn customers switched electricity supplier in 2020

This article was originally published as part of a larger piece in Energy Spectrum, published on 25 January 2021. To find out more about a subscription to Energy Spectrum, contact Nick on n.palmer@cornwall-insight.com. This week's 'Chart of the week' discusses the latest electricity switching figures from Energy UK, published on 21...

Business supply and services

Chart of the week | Large suppliers’ business market share reduces

The publication of our Business Gas and Electricity Market Share Surveys for Q420 (with a reporting date of 31 October) has highlighted the changing dynamic of the business supply market as competitive pressure has reduced the market share of the traditional six large suppliers. In this 'Chart of the week',...

Home supply and services

Chart of the week | Takes time to make time: When will we have time-of-use tariffs?

Time-of-use (ToU) tariffs could be a key tool in supporting system decarbonisation and ensuring consumers see the benefits of the energy transition. Research for our latest edition of the Connected Homes Insight Service has found suppliers and consumers both taking tentative steps in exploring ToU pricing, with ambitious innovation and...

Business supply and services

Chart of the week | COVID-19 costs energy suppliers over £1bn

The impact of COVID-19 is starting to be reported by listed energy companies. Centrica, Iberdrola, E.ON Group, Drax Group and ENGIE Group have all commented on the impact of COVID-19, including the costs of selling back overhedged volumes caused by the pandemic. These suppliers collectively are important competitors in the...