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SME
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Business supply and services
SMEs (Small and medium businesses) experience record breaking prices
In Q321 the average SME gas contract was priced at the highest value since we started tracking propositions in 2012 (4.98p/th for 1-year acquisition contracts that assume a 25MWh annual consumption). Our Pricing in the SME Gas/Power Markets reports also shows SME electricity contracts seeing record highs, priced at 19.95p/kWh...
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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 | Prices rise for SMEs as energy demand grows
Over the last six months our Pricing in the SME Gas and Power Markets reports have tracked a recovery in SME prices, following 5 consecutive quarters of price reductions. In this Chart of the week, we look at the trends in energy prices in the SME sector and how they...
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Business supply and services
Chart of the week | TPIs hit by the COVID-19 pandemic
Third Party Intermediaries (TPIs) operating in the business market in 2020 have experienced significant changes due to the COVID-19 pandemic. Cornwall Insight’s 2020 Annual TPI report published earlier this week found that when negotiating business energy contracts in 2020, TPIs could target a £335mn/year revenue pool, an 18% decrease on...
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Business supply and services
Chart of the week | TPIs earn 20% more from business energy deals
This week’s Chart of the Week is taken from our recent Third Party Intermediaries (TPIs) in the Business and Industrial Supply Markets report. The chart explores the revenues available to SME and I&C TPIs from negotiating business energy contracts and highlights that in 2019 TPIs could target a significantly larger revenue pool compared to 2018. In...
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Business supply and services
Chart of the week | Price is king for TPIs
Over the last 18 months, suppliers of all sizes have been under pressure to reduce costs, resulting in increased use of automation, streamlined back office functions and in some instances a reduced product offering. These external pressures have led many suppliers to service the TPI channel in a different, and reportedly...
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Business supply and services
Chart of the week | Business TPIs need to evolve to maintain pre-eminence
Third-party intermediaries (TPIs) are now firmly established as the primary route to market in the business energy markets. This week's Chart of the week looks at the results of the TPIs in the Business and Industrial Energy Supply Markets survey. The survey found that two-thirds of suppliers (67%) ranked TPIs as...
