The Commission for the Regulation of Utilities (CRU) published its August 2019 Customer Switching Report for the Electricity and Gas Retail Markets on 24 September. In this edition of the blog, we compare monthly switching trends with CRU’s quarterly Electricity and Gas Retail Markets Report to explore whether fluctuations in tariff prices drive switching behaviours in domestic and non-domestic users.
Related thinking
Low carbon generation
PSO Levy 2022/23: RESS to the Rescue
This week we look at how renewable generation is putting money back in consumers’ pockets - a trend which, based on the power price forecast from our All-Island Forward Curve report, is expected to continue until 2027. Last week the Commission for Regulation of Utilities (CRU) published their final decision...
Low carbon generation
RESS 2 by numbers
Last Friday, RESS 2 auction results were published, with nearly 2GW of new renewables projects successful in getting awarded a contract. We have put together an infographic that explains the auction outcome and what these projects will bring to our electricity system. We have also released a report with Wind...
Home supply and services
What is the Market Stabilisation Charge?
The Market Stabilisation Charge (MSC) requires all domestic suppliers acquiring a customer to make a payment to the supplier that is losing the customer. The charge applies to all switches, so suppliers are not obliged to inform competitors which tariff the consumer switched to or from. It is comprised of...
Business supply and services
Ofgem reaches conclusion for the Microbusiness Strategic Review
The Microbusiness Strategic Review came to a close on 28 March 2022, with four finalised proposals from Ofgem that aim to protect microbusiness consumers and create a more robust framework through which the market can operate. Following the unprecedented rise in wholesale prices and recent geopolitical events, these changes are...
Commercial and market outlook
Ofgem outlines thinking on protecting credit balances and RO payments
This article is an extract from our Energy Spectrum publication issued on Monday 25 April. If you are interested in receiving critical policy, regulatory, market and transactional developments across the energy sector, and would like a free full sample of Energy Spectrum, please request a copy here. You only need...
Business supply and services
Wake-up call: Cost pressure in the GB energy market
This Energy Perspective was published in Issue 791 of Energy Spectrum on 10 January 2022. The current crises afflicting the energy supply sector, driven by rising energy input costs, are of economy-wide concern. The price of energy has always been an issue of significance for national economic competitiveness, inflation, monetary...
Home supply and services
The risks of short-term interventions distorting long-term incentives in the energy market
Christmas 2021 was not a time of cheer for the energy industry and its customers. There is acute stress on energy suppliers and consumers from current bills - let alone where they may move to in the coming year. And it seems the political and regulatory debate has moved on...
Business supply and services
With great power comes great responsibility – what can be done for customers and suppliers in these challenging times?
Given that the situation in the wholesale markets shows no signs of abating, both the government and Ofgem have a shared responsibility for helping to steward the energy sector through a period of profound challenges for suppliers as well as for their customers. Furthermore, the risk of structural damage to...
