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Acquisition
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Business supply and services
Chart of the week | Record breaking energy prices seen in the SME market
In Q1 2021 we reported that the average SME electricity contract was priced at 17.95p/kWh (for 1-year acquisition contracts at the PC3-6MWh consumption point). This is the highest value since we started tracking propositions in 2012. We also recorded the fifth-highest figure for 25MWh gas contracts at 3.82p/kWh from our...
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Business supply and services
Chart of the week | E.ON UK and npower: When 2 become 1
Recent acquisitions are changing the face of the non-domestic supply market according to our Business Market Share Survey for Q220 (with a reporting date of 30 April 2020). In this 'Chart of the week' we look at what the market will be like once the E.ON UK and npower merger...
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Home supply and services
Chart of the week | I’m Still Standing: Medium suppliers lead acquisitions
Ovo Energy’s acquisition on 11 January of Economy Energy customers via Ofgem’s Supplier of Last Resort (SoLR) mechanism mean that over 1.2mn energy accounts have now moved via the process over the last 12 months. This was Ovo’s second SoLR acquisition after taking on Spark’s customers in November 2018. Ovo...
