SoLR

  • Press Releases

    Cornwall Insight comments on the energy supplier Bulb’s administration

    Commenting on today’s news that the energy supplier Bulb is falling into administration, Robert Buckley, Head of Relationship Development at Cornwall Insight, said: “The failure of Bulb today marks dark times for the energy sector, with this being the biggest failure of a supplier since TXU Energy nearly 20 years...

  • Media Mentions

    This is Money | More than a million households have seen their energy firm go bust in the last few years

    Our analysis on the domestic energy market showing 1.7% of domestic energy customers have been rescued by the Supplier of Last Resort process in the last two years, featured in This is Money. The first half of 2021 has already seen 1.5% of customers in the domestic retail market being served...

  • Press Releases

    900,000 domestic customers impacted by SoLR over the last two years

    Analysis by Cornwall Insight shows that 1.7% of customers in the retail energy market have been with suppliers subject to the Supplier of Last Resort mechanism (SoLR) process. Between 2020 and 2019, 887,000 domestic customers were supplied by a company that exited the market via SoLR, and in 2021 alone,...

  • Press Releases

    23% of the cheapest suppliers have exited the market since 2017

    Latest research from Cornwall Insight’s Domestic Tariff Report highlights that since 2017, just under a quarter (23%) of suppliers with the cheapest tariff have left the market either through Ofgem’s Supplier of Last Resort (SoLR) process or by being acquired by another supplier. Between the years 2015 to 2017 on...

  • Press Releases

    Suppliers use energy market turbulence to gain market share

    Analysis from Cornwall Insight shows that despite the household energy supplier market experiencing a turbulent time over the past 12 months, several companies have used this to their advantage to increase their market share. In fact, figures from Cornwall Insight’s Domestic Market Share Survey show that the recent spate of...

  • Press Releases

    Acquisition prompts next phase of evolution for “challenger” suppliers

    Analysis from Cornwall Insight shows that although the past 12 months have seen several failing suppliers exit the market, a group of small to medium-sized suppliers have seized the opportunity to increase their customer book as a result. The acquisitions by these suppliers have seen them grow significantly. Octopus Energy...