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 their most important route to market. For five in six suppliers, TPIs were in their top two routes to market alongside renewing contracts with existing customers.
Business supply and services
Renewable energy continued to be a focal point in Cornwall Insight’s 2021 Third Party Intermediary (TPI) satisfaction survey. The annual survey addressed the importance of a supplier’s green credentials for the second year in a row, finding that there is shifting interest in green energy from non-domestic customers and that...
Commercial and market outlook
The perfect storm of challenging market conditions has persisted across the duration of the 2020-21 compliance period (CP) of the Renewables Obligation (RO), driving a large volume of supplier exits, particularly over recent months. As the dust settles on the compliance process relating to CP19 (2020-21) of the RO, this...
Business supply and services
Cornwall Insight recently conducted research as part of its 2021 TPIs in the Business and Industrial Supply Markets report. The report shows that TPIs operating in the SME market note low uptake of energy efficiency measures from their clients currently. However, there is an expectation that this will increase in...
Home supply and services
Over the past few weeks, the energy market has been under the microscope as high wholesale prices and a wave of suppliers exiting the market has hit the headlines. Amid challenging wholesale market conditions for suppliers, they are now also facing the compliance deadlines for 2020-21 of the Renewables Obligation...
Business supply and services
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...
Business supply and services
Despite the challenging year for businesses, we recorded growing interest in renewable electricity amongst businesses and Third Party Intermediaries (TPIs) according to our TPI Satisfaction Survey for 2020. This has been a focus for Industrial and Commercial's (I&Cs) over the last two years driven by corporate social responsibility goals, particularly...
Home supply and services
In this 'Chart of the week', we look at how prevalent green supply has become, unpick some of the drivers behind this, and look at the challenges now facing consumers, suppliers and policy makers confronted by a sea of green. Over recent years, we estimate the percentage of households with...
Business supply and services
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...
