This report now includes information on CMA price transparency measures which took full effect on 23 June 2017
Microbusinesses are defined as businesses which fall under profile classes 1 – 4 and have an annual consumption of not more than 50,000kWh
The table on page 7 shows that many suppliers have gone beyond the proscribed 50,000kWh in their online quotation tools, perhaps indicating a strategy to encourage larger energy users by offering the same transparency to them as is mandated for microbusinesses
Some suppliers have yet to include an online quoting tool on their website and, those that do not, request personal and business details so that they may contact the customer directly
All online quotes were priced higher than the TPI price (excluding commission)
The largest difference in price was on the Dual Energy contract which was 27.9% (4.55p/kWh) more expensive than its non-uplifted TPI prices
The difference in pricing may be due to suppliers making sure their prices are more in line with what a TPI would offer with full commission
D-ENERGi and Bulb have been included in this report for the first time. D-ENERGi offers contracts from 1 to 5 years across PC3, PC4 and PC6 classifications and Bulb offers to supply businesses with PC3 meters, but does not lock customers into fixed-term contracts. It supplies 100% renewable electricity.
EDF Energy removed its PC4 offering
Four of the suppliers in this survey have recently published prices for the PC6 classification: Corona Energy, Opus Energy, Dual Energy and D-ENERGi
Both British Gas ...
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