In terms of competition, the business energy market is more engaged. Many businesses are familiar with choosing a supplier and there is a thriving third-party intermediary (TPI) sector to support them.
Using data from Cornwall Insight’s latest business market share surveys we examine the competitive trends in the business energy sector. The Chart of the week analyses concentration in the market.
Regulation and policy
In October, the government announced a number of adjustments to the Energy Bill Relief Scheme (EBRS) for non-domestic consumers. In this week’s 'Chart of the week', we look at the impact of the maximum discount on those businesses that have been unable to fix their energy costs.
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...
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...
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...
Business supply and services
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...
Business supply and services
Recent acquisitions are changing the face of the non-domestic supply market according to our Business Market Share Survey for Q220 (with a reporting date of 30 April 2020). In this 'Chart of the week' we look at what the market will be like once the E.ON UK and npower merger...
Business supply and services
In 2019, large consumer-facing businesses led Third Party Intermediaries (TPIs) to increase their valuation of green power contracts backed by Renewable Energy Guarantees of Origin (REGOs). In this weeks Chart of the Week, we look at Cornwall Insight’s 2019 TPI Satisfaction Survey. We also discuss the shift in I&C TPI valuation of...
Business supply and services
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...
