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domestic tariff
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Home supply and services
Chart of the week | One fifth of suppliers offering cheapest tariff have exited
Since 2017, 15 suppliers have exited the domestic energy market through Ofgem’s Supplier of Last Resort (SoLR) process. While the exits stem from a range of reasons, many of these companies are likely to have experienced problems in cashflow. These problems are often heightened by very cheap tariffs. This Chart...
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Home supply and services
Chart of the week | SVT and fixed tariff gap widens
Prior to the increase of the default price cap on 1 April 2019 to £1,254/year, we reported on 14 March that some suppliers were already positioning their default variable tariffs against the increased cap. We also reported that the gap between default and market-based fixed tariffs was increasing as wholesale...
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Home supply and services
Chart of the week | Higher, Broader, Faster, Longer
Wholesale price movements and pending regulatory changes are causing suppliers to amend the prices and types of domestic contracts they offer. Under a rising wholesale market, suppliers will adjust their tariffs more regularly and upwards. This is to ensure that suppliers recoup enough money to cover the additional costs. Our...
