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Energy Spectrum

Issue 608

Record number of customers with small and medium sized suppliers

Tom Crisp Editor

Over one in five customers are now supplied by small and medium-sized suppliers, leaving the six largest suppliers’ combined market share at a record low, Ofgem announced on 28 February as part of its periodic updating of its new retail market indicators. According to Ofgem, in December 2017, smaller and medium sized suppliers were supplying 21% of consumers for electricity and 22% for gas, whereas in 2013 their market share was 4.7% for electricity and 5% for gas. The six largest energy suppliers’ market share ...

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