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Chart of the Week

2018

Concentrate! Competitive trends in business energy

Tom Goswell Senior Analyst

Competition was introduced in the business energy market before the domestic market opened in the 1990s. It is more engaged; many businesses are familiar with choosing a supplier and there is a thriving third party intermediary (TPI) sector to support them. The business electricity and gas markets themselves are diverse, with an ever-growing number of suppliers. Propositions continue to diversify, particularly in the electricity market where technological innovation is beginning to transform the market. We survey competition every six months in these markets. The data these surveys provide allow us to analyse concentration in the markets through the Herfindahl Hirschman ...

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