Energy customers in the UK now have greater choice and suppliers are making it quicker and easier to switch,
New figures prove competition in the non-domestic energy market is increasing according to the latest report from Cornwall Energy (an independent consultancy) with more suppliers in the market fighting for customers than ever before.
The report – Competition in British business energy supply markets – was commissioned by Energy UK and shows that:
- There are now 39 companies supplying energy in the business electricity market
- There are 33 companies supplying energy in the business gas market; 24 of these supply both electricity and gas to the non- domestic sector, and
- An additional seven companies have started supplying electricity and/or gas since 30 April 2014
Lawrence Slade, Chief Executive, Energy UK, said: “We have seen a transformation in the energy retail market over recent years as new entrants are coming in and shaking up the market. Increased competition is driving prices down across the board for customers.”