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Helping you make sense of the energy and water sectors

Market research & Insight

Issue 43

Alex Wynn Alex Wynn Analyst

Pricing Small suppliers are no longer the cheapest option within all markets in which they are present, with Spark’s prepayment fixed tariff undercutting IRESA’s new fixed prepayment tariff by £7/year. However, after re-entering the market on 14 July, IRESA’s new fixed and standard variable tariffs, both priced at £834/year, are the cheapest tariffs of their respective types All large supplier variable tariffs were unchanged in July. However British Gas announced that it will increase electricity prices for its standard variable tariff by 12.5% in September, resulting in a 7.3% increase in average dual fuel prices SSE records the lowest proportion of customers on a fixed tariff at 16%, according to data from Ofgem. Of its customers, over 50% have been on an SVT for three years or more Service The July 2017 UK Customer Satisfaction Index showed the Utilities sector had improved by 0.6 points. As a result, Utilities ...

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