Big Six energy suppliers: Difference between revisions
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{{Short description|UK's six largest energy suppliers}} |
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{{Use British English|date=September 2019}} |
{{Use British English|date=September 2019}} |
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{{Use dmy dates|date=September 2019}} |
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The '''Big Six''' were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following [[Office of Gas and Electricity Markets#Development of competition in the UK market|liberalisation]] in the late 1990s. By 2002, six companies – [[British Gas]], [[EDF Energy]], [[E.ON UK|E.ON]], [[RWE npower]], [[Scottish Power]] and [[SSE plc|SSE]] – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional [[Public electricity supplier|public electricity suppliers]] and British Gas).<ref name="probe2008">{{cite web|date=6 October 2008|title=Energy Supply Probe – Initial Findings Report|url=http://www.ofgem.gov.uk/Markets/RetMkts/ensuppro/Documents1/Energy%20Supply%20Probe%20-%20Initial%20Findings%20Report.pdf|url-status=live|access-date=1 November 2021|website=Ofgem|pages=27–30|archive-url=https://web.archive.org/web/20081031101424/http://www.ofgem.gov.uk:80/Markets/RetMkts/ensuppro/Documents1/Energy%20Supply%20Probe%20-%20Initial%20Findings%20Report.pdf |archive-date=31 October 2008 }}</ref> |
The '''Big Six''' were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following [[Office of Gas and Electricity Markets#Development of competition in the UK market|liberalisation]] in the late 1990s. By 2002, six companies – [[British Gas]], [[EDF Energy]], [[E.ON UK|E.ON]], [[Npower (United Kingdom)|RWE npower]], [[Scottish Power]] and [[SSE plc|SSE]] – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional [[Public electricity supplier|public electricity suppliers]] and British Gas).<ref name="probe2008">{{cite web|date=6 October 2008|title=Energy Supply Probe – Initial Findings Report|url=http://www.ofgem.gov.uk/Markets/RetMkts/ensuppro/Documents1/Energy%20Supply%20Probe%20-%20Initial%20Findings%20Report.pdf|url-status=live|access-date=1 November 2021|website=Ofgem|pages=27–30|archive-url=https://web.archive.org/web/20081031101424/http://www.ofgem.gov.uk:80/Markets/RetMkts/ensuppro/Documents1/Energy%20Supply%20Probe%20-%20Initial%20Findings%20Report.pdf |archive-date=31 October 2008 }}</ref> |
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In 2008, the Big Six still had over 99% of domestic and small business customers.<ref name="probe2008" /> They were [[vertically integrated]] in electricity, owning sufficient generation capacity to supply all their customers; while in gas, only [[Centrica]] (British Gas) owned production facilities.<ref name="probe2008" /> By the third quarter of 2019, after efforts by the regulator [[Ofgem]] to promote competition, their combined share in Great Britain was 70% for electricity supply and 69% for gas.<ref>{{Cite web|date=2020-01-01|title=Electricity supply market shares by company: Domestic (GB)|url=https://www.ofgem.gov.uk/data-portal/electricity-supply-market-shares-company-domestic-gb|url-status=live|archive-url=https://web.archive.org/web/20200206225726/https://www.ofgem.gov.uk/data-portal/electricity-supply-market-shares-company-domestic-gb|archive-date=2020-02-06|access-date=2020-02-06|website=Ofgem|language=en-gb}}</ref><ref>{{Cite web|date=2020-01-01|title=Gas supply market shares by company: Domestic (GB)|url=https://www.ofgem.gov.uk/data-portal/gas-supply-market-shares-company-domestic-gb|url-status=live|archive-url=https://web.archive.org/web/20200206225634/https://www.ofgem.gov.uk/data-portal/gas-supply-market-shares-company-domestic-gb|archive-date=2020-02-06|access-date=2020-02-06|website=Ofgem|language=en-gb}}</ref> The purchase of SSE's retail business in January 2020 by [[OVO Energy]], a competitor founded in 2009, marked the end of the original Big Six.<ref>{{Cite news|date=2019-09-13|title=New UK energy giant created in SSE-Ovo deal|language=en-GB|work=BBC News: Business|url=https://www.bbc.com/news/business-49686218|access-date=2019-09-16}}</ref> |
In 2008, the Big Six still had over 99% of domestic and small business customers.<ref name="probe2008" /> They were [[Vertical integration|vertically integrated]] in electricity, owning sufficient generation capacity to supply all their customers; while in gas, only [[Centrica]] (British Gas) owned production facilities.<ref name="probe2008" /> By the third quarter of 2019, after efforts by the regulator [[Office of Gas and Electricity Markets|Ofgem]] to promote competition, their combined share in Great Britain was 70% for electricity supply and 69% for gas.<ref>{{Cite web|date=2020-01-01|title=Electricity supply market shares by company: Domestic (GB)|url=https://www.ofgem.gov.uk/data-portal/electricity-supply-market-shares-company-domestic-gb|url-status=live|archive-url=https://web.archive.org/web/20200206225726/https://www.ofgem.gov.uk/data-portal/electricity-supply-market-shares-company-domestic-gb|archive-date=2020-02-06|access-date=2020-02-06|website=Ofgem|language=en-gb}}</ref><ref>{{Cite web|date=2020-01-01|title=Gas supply market shares by company: Domestic (GB)|url=https://www.ofgem.gov.uk/data-portal/gas-supply-market-shares-company-domestic-gb|url-status=live|archive-url=https://web.archive.org/web/20200206225634/https://www.ofgem.gov.uk/data-portal/gas-supply-market-shares-company-domestic-gb|archive-date=2020-02-06|access-date=2020-02-06|website=Ofgem|language=en-gb}}</ref> The purchase of SSE's retail business in January 2020 by [[OVO Energy]], a competitor founded in 2009, marked the end of the original Big Six.<ref>{{Cite news|date=2019-09-13|title=New UK energy giant created in SSE-Ovo deal|language=en-GB|work=BBC News: Business|url=https://www.bbc.com/news/business-49686218|access-date=2019-09-16}}</ref> |
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==The companies == |
==The companies == |
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! Other brands |
! Other brands |
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! Former brands |
! Former brands |
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(including retail/supply divisions of former [[Electricity Act 1947|regional electricity boards]]) |
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! [[British Gas]] |
! [[British Gas]] |
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| [[Centrica]] |
| [[Centrica]] |
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| Scottish Gas |
| [[British Gas|Scottish Gas]] |
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| SEEBOARD, SWEB Energy, London Electricity |
| SEEBOARD, SWEB Energy, London Electricity |
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| [[E.ON]] |
| [[E.ON]] |
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* [[RWE]] (from 2002) |
* [[RWE]] (from 2002) |
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* [[Innogy]] (from 2016) |
* [[Innogy]] (from 2016) |
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* E.ON (from 2019)}} |
* E.ON (from 2019)}} |
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| Following purchase of SSE's retail business in 2020 |
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! [[Scottish Power]] |
! [[Scottish Power]] |
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! [[SSE plc|SSE]] |
! [[SSE plc|SSE]] |
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|[[OVO Energy]] (from 2020) |
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|Scottish and Southern, Southern Electric, SWALEC, Scottish Hydro |
|Scottish and Southern, Southern Electric, SWALEC, Scottish Hydro |
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== 2014–2016 competition investigation == |
== 2014–2016 competition investigation == |
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In June 2014, energy market regulator [[Ofgem]] referred the energy industry to the [[Competition and Markets Authority]] (CMA).<ref>{{cite |
In June 2014, energy market regulator [[Office of Gas and Electricity Markets|Ofgem]] referred the energy industry to the [[Competition and Markets Authority]] (CMA).<ref>{{cite news|last=Macalister|first=Terry|date=26 June 2014|title=Ofgem puts big six energy suppliers under CMA spotlight|url=https://www.theguardian.com/business/2014/jun/26/ofgem-puts-big-six-energy-suppliers-cma-spotlight-british-gas|newspaper=The Guardian}}</ref> The authority investigated the "six large energy firms" and published its report in June 2016.<ref>{{Cite web|date=24 June 2016|title=Energy market investigation|url=https://www.mlex.com/Attachments/2016-06-24_J3DDQUBPYOBKP33F/Energy-final-report-summary.pdf|access-date=8 October 2020|website=Competition and Markets Authority}}</ref> For the retail market, the report recommended:<ref>{{Cite web|date=8 July 2016|title=The CMA's final report in the energy market investigation|url=https://www.walkermorris.co.uk/publications/cmas-final-report-energy-market-investigation/|access-date=2020-10-08|website=Walker Morris}}</ref> |
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* Removal of the requirement imposed by the 2014 Retail Market Review that limited suppliers to offering no more than four tariffs |
* Removal of the requirement imposed by the 2014 Retail Market Review that limited suppliers to offering no more than four tariffs |
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==Alternatives to the Big Six== |
==Alternatives to the Big Six== |
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In December 2014, [[Utility Warehouse]], part of FTSE 250-listed company [[Telecom Plus]]<ref name="auto3">{{Cite web|url=https://www.telegraph.co.uk/finance/newsbysector/energy/10461986/Utility-Warehouse-buys-770000-customer-accounts-from-npower-in-218m-deal.html|title=Utility Warehouse buys 770,000 customer accounts from npower in £218m deal|website=www.telegraph.co.uk}}</ref> became the UK's biggest independent energy supplier through a £218m deal to buy 770,000 existing customers from npower.<ref name="auto3"/> In September 2014, [[First Utility]]<ref name="auto1">{{cite web|url=http://www.first-utility.com/million-account-milestone|title=First Utility becomes first independent energy company to reach milestone of 1m customer accounts and pledges 1% of profits to charity|website=www.first-utility.com}}</ref> (since rebranded as Shell Energy) announced it was the first independent utility supplier to reach the milestone of 1m customer accounts for gas and electricity – the equivalent of 550,000 customers, which made it the seventh-largest energy supplier in the UK and the country's biggest independent energy provider.<ref name="auto1"/> In June 2015, a Cornwall Report stated Opus Energy<ref name="auto2">{{Cite web|url=https://utilityweek.co.uk/opus-breaks-big-six-dominance-of-business-energy-market/|title=Opus breaks big six dominance of business energy market|date=2015-08-11|website=Utility Week|language=en-US|access-date=2019-07-23}}</ref> had broken the dominance of the 'Big Six' energy suppliers in the business market.<ref name="auto2"/> |
In December 2014, [[Utility Warehouse]], part of FTSE 250-listed company [[Telecom Plus]]<ref name="auto3">{{Cite web|url=https://www.telegraph.co.uk/finance/newsbysector/energy/10461986/Utility-Warehouse-buys-770000-customer-accounts-from-npower-in-218m-deal.html|title=Utility Warehouse buys 770,000 customer accounts from npower in £218m deal|website=www.telegraph.co.uk|date=20 November 2013 }}</ref> became the UK's biggest independent energy supplier through a £218m deal to buy 770,000 existing customers from npower.<ref name="auto3"/> In September 2014, [[Shell Energy|First Utility]]<ref name="auto1">{{cite web|url=http://www.first-utility.com/million-account-milestone|title=First Utility becomes first independent energy company to reach milestone of 1m customer accounts and pledges 1% of profits to charity|website=www.first-utility.com}}</ref> (since rebranded as Shell Energy) announced it was the first independent utility supplier to reach the milestone of 1m customer accounts for gas and electricity – the equivalent of 550,000 customers, which made it the seventh-largest energy supplier in the UK and the country's biggest independent energy provider.<ref name="auto1"/> In June 2015, a Cornwall Report stated Opus Energy<ref name="auto2">{{Cite web|url=https://utilityweek.co.uk/opus-breaks-big-six-dominance-of-business-energy-market/|title=Opus breaks big six dominance of business energy market|date=2015-08-11|website=Utility Week|language=en-US|access-date=2019-07-23}}</ref> had broken the dominance of the 'Big Six' energy suppliers in the business market.<ref name="auto2"/> |
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The [[Competition and Markets Authority]] published an investigation into the energy supply market in June 2016,<ref name="auto6">{{Cite web|url=https://utilityweek.co.uk/ofgem-refers-energy-market-for-cma-competition-investigation/|title=Ofgem refers energy market for CMA competition investigation|date=2014-06-26|website=Utility Week|language=en-US|access-date=2019-05-05}}</ref> following a referral by Ofgem in June 2014.<ref name="auto6"/> The report identified 34 suppliers of both electricity and gas to households, and described the three largest suppliers outside the Big Six as "mid-tier suppliers"; these were First Utility, [[ |
The [[Competition and Markets Authority]] published an investigation into the energy supply market in June 2016,<ref name="auto6">{{Cite web|url=https://utilityweek.co.uk/ofgem-refers-energy-market-for-cma-competition-investigation/|title=Ofgem refers energy market for CMA competition investigation|date=2014-06-26|website=Utility Week|language=en-US|access-date=2019-05-05}}</ref> following a referral by Ofgem in June 2014.<ref name="auto6"/> The report identified 34 suppliers of both electricity and gas to households, and described the three largest suppliers outside the Big Six as "mid-tier suppliers"; these were First Utility, [[OVO Energy]] and Utility Warehouse.<ref name="auto7">{{Cite web|url=https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/-TJ8h349BwuzHZAT1AXo4jFa5pCk0UvkM0smkyhnZhc/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAWRGBDBV3IXADHPF4%2F20190505%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20190505T092323Z&X-Amz-Expires=60&X-Amz-Security-Token=AgoJb3JpZ2luX2VjEAAaCWV1LXdlc3QtMiJIMEYCIQCQjVjThe%2FbkMxN3xB5fkwDOp%2BRGQqxTCFU9FMJ6iZOHgIhAODAsJdtJbTbMTQrpWg50AU5M5EbH6fTkGT1iC%2FW3ynYKuMDCOn%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEQARoMNDQ5MjI5MDMyODIyIgwB3mI74cKvncRhBwsqtwPAI%2FdkjuXY7Wcv5yWYR5zpt4Mndp%2FvQ8c19nJ9sGbUO5MVn28AZ658JAAzy3mL0F%2B%2FWi%2Bo%2FFyoyk3Fg9sqkUD9RstJnyZABCN3LbMCGXE%2BPVhAuKWf7N9cTO%2F4nlqYHKBWj%2BWKHYEr6Q%2FbL6MLzKzZNR9Dwc8QCc22tlZBBRacRQZmAzRd6kELu1X90MKB56FcfFzAE3tfpI9qIAc1mpSq3U5rUvP6J6%2BuECVQs%2FqRPaor9mVLMn7NAMfoNx7BIRfMSpNs%2FYSOb367qN7OvUTm6bYJImh9UtNT%2FOBPSq8cqwX5rbCDIa7nztvBtEZgPelPtffg%2B68wYnw7%2BHHnW4TK2MhDaskZ070D3024oGgxEnt%2FwtOTfwmSKYbtWX5DeBWeC5iwbwfoZCsrJ%2FydPmdgg%2BlsBzClw5qbnYHsFiRGVQE74qeCVkjocqNKQs3tIS9QBk8ifp1wG938BGloeQ7v7X%2FhFjGD4FE%2FnV7sPPlXy%2BuudMnxLjZnYn6yhqkIhr59fDBbdIyNkfKNv3A9xmpl6yuJAwdOjd%2FfGvNtI%2FHR%2FnpmC2X%2Fuxi1cp7iGSs%2FYkz9%2FN2soVZWMJ6zuuYFOrMBqsTsSYVpVPLs%2BUeWK6KIumYOwhVZz3VuXxH1yJZfg7VASCuLJgrL8NNsSkjwoOE2v9Lasm%2FGVC%2BYosG5vZHWeL%2BFDI3VHwm5apLuVjJWIOStXhoika%2BZs8YWghw1EqKA1676%2Benp3vtpMBmpjo88d8iJeZJqnEHDQlmYj5FxgErf1wtvwY3pXNrKgJMq5fuAoi63TpXkcHOy6G7r6%2BZg4W%2BzzUGKFR0YWw9OzNVMltCRgik%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=b2ad5439db3794f1df729cb4030f7f74aa5e1063a120195a512a4935e70e2929|title=Utilita Energy Limited: Annual Report 2017|date=31 March 2017|website=Companies House}}</ref> Other significant suppliers (each with more than around 1% market share) were [[Co-op Energy|Co-operative Energy]], [[Extra Energy]] and [[Utilita Energy]] (specialising in pre-pay customers).<ref name="auto7"/> The combined market share of suppliers outside the Big Six<ref name="auto5">{{Cite web|url=https://assets.publishing.service.gov.uk/media/5773de34e5274a0da3000113/final-report-energy-market-investigation.pdf|title=Energy market investigation: Final report|date=24 June 2016|website=Competition & Markets Authority|publisher=GOV.UK|pages=24,388|access-date=5 May 2019}}</ref> had increased from less than 1% in 2011 to around 13% in the first quarter of 2016.<ref name="auto5"/> |
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Since 2009, other entrants into the market include a number of new energy companies including [[Bulb Energy]], [[Good Energy]], [[Ecotricity]], and [[Octopus Energy]]. Many of these newer entrants are seeing significant growth in customer numbers, in part due to their greater commitment to [[renewable energy]] and, in the case of Co-op Energy, [[Community wind energy|community renewable energy]] projects.<ref>{{Cite web|title=We support community energy|url=https://www.cooperativeenergy.coop/why-us/we-support-community-energy/|url-status=dead|archive-url=https://web.archive.org/web/20180612135859/https://www.cooperativeenergy.coop/why-us/we-support-community-energy/|archive-date=12 June 2018|website=Co-operative Energy}}</ref> |
Since 2009, other entrants into the market include a number of new energy companies including [[Bulb Energy]], [[Good Energy]], [[Ecotricity]], and [[Octopus Energy]]. Many of these newer entrants are seeing significant growth in customer numbers, in part due to their greater commitment to [[renewable energy]] and, in the case of Co-op Energy, [[Community wind energy|community renewable energy]] projects.<ref>{{Cite web|title=We support community energy|url=https://www.cooperativeenergy.coop/why-us/we-support-community-energy/|url-status=dead|archive-url=https://web.archive.org/web/20180612135859/https://www.cooperativeenergy.coop/why-us/we-support-community-energy/|archive-date=12 June 2018|website=Co-operative Energy}}</ref> |
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=== Local authority-owned companies === |
=== Local authority-owned companies === |
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Three of the alternative energy companies have been owned by [[local authorities]]. The first such company since 1948 was [[Robin Hood Energy]], owned by [[Nottingham City Council]], which entered the market in 2015. [[Bristol Energy]], also launched in 2015, was owned by [[Bristol City Council]]. Both Robin Hood Energy and Bristol Energy were available to consumers throughout the country until their demise in 2020. |
Three of the alternative energy companies have been owned by [[Local government|local authorities]]. The first such company since 1948 was [[Robin Hood Energy]], owned by [[Nottingham City Council]], which entered the market in 2015. [[Bristol Energy]], also launched in 2015, was owned by [[Bristol City Council]]. Both Robin Hood Energy and Bristol Energy were available to consumers throughout the country until their demise in 2020. |
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In January 2020, [[London Power]] was launched by the [[Mayor of London]]. Contrary to the other two companies, it only provides gas and electricity to London homes. London Power is not itself an energy supplier, instead it is a partnership between the [[Greater London Authority]] and a providing partner, currently Octopus Energy.<ref>{{Cite web|url=https://www.london.gov.uk//what-we-do/environment/london-power|title=London Power|date=2019-10-29|website=London City Hall|language=en-GB|access-date=2020-02-06}}</ref> |
In January 2020, [[London Power]] was launched by the [[Mayor of London]]. Contrary to the other two companies, it only provides gas and electricity to London homes. London Power is not itself an energy supplier, instead it is a partnership between the [[Greater London Authority]] and a providing partner, currently Octopus Energy.<ref>{{Cite web|url=https://www.london.gov.uk//what-we-do/environment/london-power|title=London Power|date=2019-10-29|website=London City Hall|language=en-GB|access-date=2020-02-06}}</ref> |
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|{{Date table sorting|November 2018}} |
|{{Date table sorting|November 2018}} |
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|108,000 domestic,<br>21,000 business |
|108,000 domestic,<br>21,000 business |
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|ScottishPower<ref>{{Cite web|url=https://www.ofgem.gov.uk/publications-and-updates/ofgem-appoints-scottish-power-take-customers-extra-energy|title=Ofgem appoints ScottishPower to take on customers of Extra Energy|date=24 November 2018|website=Ofgem|access-date=5 May 2019}}</ref> |
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![[Flow Energy]] |
![[Flow Energy]] |
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|Together Energy<ref>{{Cite web|url=https://www.ofgem.gov.uk/publications-and-updates/ofgem-appoints-together-energy-take-customers-oneselect|title=Ofgem appoints Together Energy to take on customers of OneSelect|date=13 December 2018|website=Ofgem|access-date=5 May 2019}}</ref> |
|Together Energy<ref>{{Cite web|url=https://www.ofgem.gov.uk/publications-and-updates/ofgem-appoints-together-energy-take-customers-oneselect|title=Ofgem appoints Together Energy to take on customers of OneSelect|date=13 December 2018|website=Ofgem|access-date=5 May 2019}}</ref> |
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![[ |
![[Our Power]] |
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|{{Date table sorting|January 2019}} |
|{{Date table sorting|January 2019}} |
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|31,000 |
|31,000 |
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|{{Date table sorting|October 2020}} |
|{{Date table sorting|October 2020}} |
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|130,000 |
|130,000 |
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|ScottishPower<ref>{{Cite web|date=2020-10-09|title=Ofgem appoints ScottishPower to take on customers of Tonik Energy Ltd|url=https://www.ofgem.gov.uk/publications-and-updates/ofgem-appoints-scottish-power-take-customers-tonik-energy-ltd|access-date=2020-10-14|website=Ofgem|language=en-gb}}</ref> |
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!Toto Energy |
!Toto Energy |
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|{{Date table sorting|December 2020}} |
|{{Date table sorting|December 2020}} |
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|74,000 |
|74,000 |
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|ScottishPower<ref name="auto4">{{Cite web|last=Lempriere|first=Molly|date=7 December 2020|title=ScottishPower takes on collapsed supplier Yorkshire Energy's customers|url=https://www.current-news.co.uk/news/scottishpower-takes-on-collapsed-supplier-yorkshire-energys-customers|access-date=2020-12-08|website=Current News|language=en-gb}}</ref> |
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====2021–2022==== |
====2021–2022==== |
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Sharp increases in wholesale gas prices in summer and autumn 2021, and a consequent increase in wholesale electricity prices, led to further collapses.<ref name=":2">{{Cite news|date=2021-09-22|title=Gas crisis: Two energy firms go bust amid warning more to come|language=en-GB|work=BBC News|url=https://www.bbc.com/news/business-58652083|access-date=2021-09-22}}</ref><ref name="auto"/> High prices continued into 2022.<ref>{{Cite web|last=Lempriere|first=Molly|date=2022-01-18|title=Together Energy becomes first supplier to collapse in 2022 amidst continuing high power prices|url=https://www.current-news.co.uk/news/together-energy-becomes-first-supplier-to-collapse-in-2022-amidst-continuing-high-power-prices|url-status=live|access-date=2022-01-19|website=Current|language=en-gb|archive-url=https://web.archive.org/web/20220118205445/https://www.current-news.co.uk/news/together-energy-becomes-first-supplier-to-collapse-in-2022-amidst-continuing-high-power-prices |archive-date=18 January 2022 }}</ref> [[Ofgem]] continued to arrange for customers of those companies to be transferred to other suppliers, but when Bulb Energy failed in November 2021 a different approach was needed: with 1.7{{Nbsp}}million customers, it was the seventh biggest supplier company. Bulb was placed in "special administration" and the UK government undertook to cover its losses while a sale or restructuring was organised, with a potential cost to taxpayers of £1.7{{Nbsp}}billion.<ref>{{Cite web|last=Ford Rojas|first=John-Paul|date=25 November 2021|title=Taxpayers left with £1.7bn bill as Bulb, UK's seventh-biggest energy firm, collapses|url=https://news.sky.com/story/collapse-of-britains-seventh-biggest-energy-firm-bulb-confirmed-leaving-taxpayers-to-take-the-strain-12477266|url-status=live|access-date=2021-12-02|website=Sky News|archive-url=https://web.archive.org/web/20211124211137/https://news.sky.com/story/collapse-of-britains-seventh-biggest-energy-firm-bulb-confirmed-leaving-taxpayers-to-take-the-strain-12477266 |archive-date=24 November 2021 }}</ref> |
Sharp increases in wholesale gas prices in summer and autumn 2021, and a consequent increase in wholesale electricity prices, led to further collapses.<ref name=":2">{{Cite news|date=2021-09-22|title=Gas crisis: Two energy firms go bust amid warning more to come|language=en-GB|work=BBC News|url=https://www.bbc.com/news/business-58652083|access-date=2021-09-22}}</ref><ref name="auto"/> High prices continued into 2022.<ref>{{Cite web|last=Lempriere|first=Molly|date=2022-01-18|title=Together Energy becomes first supplier to collapse in 2022 amidst continuing high power prices|url=https://www.current-news.co.uk/news/together-energy-becomes-first-supplier-to-collapse-in-2022-amidst-continuing-high-power-prices|url-status=live|access-date=2022-01-19|website=Current|language=en-gb|archive-url=https://web.archive.org/web/20220118205445/https://www.current-news.co.uk/news/together-energy-becomes-first-supplier-to-collapse-in-2022-amidst-continuing-high-power-prices |archive-date=18 January 2022 }}</ref> [[Office of Gas and Electricity Markets|Ofgem]] continued to arrange for customers of those companies to be transferred to other suppliers, but when Bulb Energy failed in November 2021 a different approach was needed: with 1.7{{Nbsp}}million customers, it was the seventh biggest supplier company. Bulb was placed in "special administration" and the UK government undertook to cover its losses while a sale or restructuring was organised, with a potential cost to taxpayers of £1.7{{Nbsp}}billion.<ref>{{Cite web|last=Ford Rojas|first=John-Paul|date=25 November 2021|title=Taxpayers left with £1.7bn bill as Bulb, UK's seventh-biggest energy firm, collapses|url=https://news.sky.com/story/collapse-of-britains-seventh-biggest-energy-firm-bulb-confirmed-leaving-taxpayers-to-take-the-strain-12477266|url-status=live|access-date=2021-12-02|website=Sky News|archive-url=https://web.archive.org/web/20211124211137/https://news.sky.com/story/collapse-of-britains-seventh-biggest-energy-firm-bulb-confirmed-leaving-taxpayers-to-take-the-strain-12477266 |archive-date=24 November 2021 }}</ref> |
||
{| class="wikitable sortable" |
{| class="wikitable sortable" |
||
Line 209: | Line 212: | ||
!Customers transferred to |
!Customers transferred to |
||
|- |
|- |
||
!Zog Energy <ref name="auto12">{{cite news|url=https://www.theguardian.com/business/2021/dec/01/zog-energy-becomes-25th-uk-supplier-to-go-bust-in-three-months|title=Zog Energy becomes 25th UK supplier to go bust in three months|first=Jillian|last=Ambrose|date=1 December 2021|newspaper=The Guardian}}</ref> |
|||
!Zog Energy |
|||
|{{Date table sorting|01 December 2021}} |
|{{Date table sorting|01 December 2021}} |
||
|11,700 |
|11,700 |
||
|[[EDF Energy]]<ref>{{Cite web|date=3 December 2021|title=Ofgem appoints EDF to take on customers of Zog Energy Ltd|url=https://www.ofgem.gov.uk/publications/ofgem-appoints-edf-take-customers-zog-energy-ltd|url-status=live|access-date=2021-12-10|website=OFGEM|language=en|archive-url=https://web.archive.org/web/20211203155408/https://www.ofgem.gov.uk/publications/ofgem-appoints-edf-take-customers-zog-energy-ltd |archive-date=3 December 2021 }}</ref> |
|[[EDF Energy]]<ref>{{Cite web|date=3 December 2021|title=Ofgem appoints EDF to take on customers of Zog Energy Ltd|url=https://www.ofgem.gov.uk/publications/ofgem-appoints-edf-take-customers-zog-energy-ltd|url-status=live|access-date=2021-12-10|website=OFGEM|language=en|archive-url=https://web.archive.org/web/20211203155408/https://www.ofgem.gov.uk/publications/ofgem-appoints-edf-take-customers-zog-energy-ltd |archive-date=3 December 2021 }}</ref><ref>{{Cite web|url=https://www.ofgem.gov.uk/publications/ofgem-appoints-edf-take-customers-zog-energy-ltd|title=Ofgem appoints EDF to take on customers of Zog Energy Ltd|date=3 December 2021|website=Ofgem}}</ref> |
||
|- |
|- |
||
!Simplicity Energy |
!Simplicity Energy |
||
Line 224: | Line 227: | ||
|EDF<ref>{{Cite web|date=2021-01-30|title=Green Network Energy Customers: Your questions on new supplier EDF|url=https://www.ofgem.gov.uk/publications-and-updates/green-network-energy-customers-your-questions-new-supplier-edf|access-date=2021-02-13|website=Ofgem|language=en-gb}}</ref> |
|EDF<ref>{{Cite web|date=2021-01-30|title=Green Network Energy Customers: Your questions on new supplier EDF|url=https://www.ofgem.gov.uk/publications-and-updates/green-network-energy-customers-your-questions-new-supplier-edf|access-date=2021-02-13|website=Ofgem|language=en-gb}}</ref> |
||
|- |
|- |
||
!Ampoweruk Ltd<ref name="auto10">https://www.msn.com/en-gb/money/other/four-more-energy-suppliers-collapse-as-uk-energy-crisis-deepens/ar-AAQeCbE?</ref> |
!Ampoweruk Ltd<ref name="auto10">{{Cite web|url=https://www.msn.com/en-gb/money/other/four-more-energy-suppliers-collapse-as-uk-energy-crisis-deepens/ar-AAQeCbE?|title = Four more energy suppliers collapse as UK energy crisis deepens|website = [[MSN]]}}</ref> |
||
|2 November 2021,<ref name="auto10" /> finalised 3 November<ref name="auto" /> <ref name="auto10" /> |
|2 November 2021,<ref name="auto10" /> finalised 3 November<ref name="auto" /> <ref name="auto10" /> |
||
|600 <ref name="auto12"/> or 2,600<ref name="auto10" /> |
|||
|2,600 |
|||
|Yü Energy <ref name=":3">{{Cite web|title=What happens if your energy supplier goes bust|url=https://www.ofgem.gov.uk/what-happens-if-your-energy-supplier-goes-bust|access-date=2021-11-11|website=Ofgem|language=en}}</ref> |
|Yü Energy <ref name=":3">{{Cite web|title=What happens if your energy supplier goes bust|url=https://www.ofgem.gov.uk/what-happens-if-your-energy-supplier-goes-bust|access-date=2021-11-11|website=Ofgem|language=en}}</ref> |
||
|- |
|- |
||
Line 232: | Line 235: | ||
|3 November 2021 |
|3 November 2021 |
||
|under 10,000 |
|under 10,000 |
||
|Utilita<ref name=":4">{{Cite web|title=Ofgem appoints new suppliers for customers of CNG Energy and CNG Electricity, MA Energy, Omni Energy, Bluegreen Energy, Zebra Power and Ampower|url=https://www.ofgem.gov.uk/publications/ofgem-appoints-new-suppliers-customers-cng-energy-and-cng-electricity-ma-energy-omni-energy-bluegreen-energy-zebra-power-and-ampower|access-date=2021-11-17|website=Ofgem|language=en}}</ref> |
|Utilita<ref name=":4">{{Cite web|title=Ofgem appoints new suppliers for customers of CNG Energy and CNG Electricity, MA Energy, Omni Energy, Bluegreen Energy, Zebra Power and Ampower|url=https://www.ofgem.gov.uk/publications/ofgem-appoints-new-suppliers-customers-cng-energy-and-cng-electricity-ma-energy-omni-energy-bluegreen-energy-zebra-power-and-ampower|access-date=2021-11-17|website=Ofgem|date=8 November 2021 |language=en}}</ref> |
||
|- |
|- |
||
!MA Energy<ref name="auto" /><ref name="auto10" /> |
!MA Energy<ref name="auto" /><ref name="auto10" /> |
||
Line 264: | Line 267: | ||
|[[British Gas]]<ref name=":4" /> |
|[[British Gas]]<ref name=":4" /> |
||
|- |
|- |
||
![[Avro Energy]] |
![[Octopus Energy|Avro Energy]] |
||
|22 September 2021 |
|22 September 2021 |
||
|580,000 |
|580,000 |
||
|[[ |
|[[Octopus Energy]]<ref>{{Cite news|date=2021-09-27|title=Gas price crisis: Good Energy will not take failed firms' customers|language=en-GB|work=BBC News|url=https://www.bbc.com/news/business-58701893|access-date=2021-09-27}}</ref> |
||
|- |
|- |
||
!Colorado Energy |
!Colorado Energy |
||
Line 316: | Line 319: | ||
|British Gas<ref>{{Cite web|date=20 September 2021|title=People's Energy customers: Your questions on new supplier British Gas|url=https://www.ofgem.gov.uk/publications/peoples-energy-customers-your-questions-new-supplier-british-gas|website=Ofgem|language=en}}</ref> |
|British Gas<ref>{{Cite web|date=20 September 2021|title=People's Energy customers: Your questions on new supplier British Gas|url=https://www.ofgem.gov.uk/publications/peoples-energy-customers-your-questions-new-supplier-british-gas|website=Ofgem|language=en}}</ref> |
||
|- |
|- |
||
!PFP Energy<ref>{{cite web | url=https://www.switch-plan.co.uk/suppliers/pfp/reviews/#:~:text=PFP%20Energy%20stands%20for%20Places%20for%20People%20Energy.,support%20and%20promote%20a%20range%20of%20social%20projects. | title=PFP Energy Reviews: What Are Customers Saying in 2021? }}</ref> |
|||
!PFP Energy |
|||
|7 September 2021 |
|7 September 2021 |
||
|82,000 domestic, |
|82,000 domestic, |
||
Line 336: | Line 339: | ||
|18 January 2022 |
|18 January 2022 |
||
|176,000 |
|176,000 |
||
|British Gas<ref>{{Cite web|last=Lempriere|first=Molly|date=2022-01-25|title=British Gas takes on Together |
|British Gas<ref>{{Cite web|last=Lempriere|first=Molly|date=2022-01-25|title=British Gas takes on Together Energy's 176,600 customers following collapse|url=https://www.current-news.co.uk/news/british-gas-takes-on-together-energys-176-600-customers-following-collapse|access-date=2022-01-27|website=Current|language=en-gb}}</ref> |
||
|- |
|- |
||
!Utility Point |
!Utility Point |
||
Line 346: | Line 349: | ||
|23 November 2021 |
|23 November 2021 |
||
|1,700,000 |
|1,700,000 |
||
|[[Octopus Energy]]<ref>{{Cite web|date=29 October 2022|title=UK government approves agreement between Bulb and Octopus Energy, providing certainty to 1.5 million customers |url=https://www.gov.uk/government/news/uk-government-approves-agreement-between-bulb-and-octopus-energy-providing-certainty-to-15-million-customers}}</ref> |
|||
|[[Ofgem]]<ref name="auto12">{{Cite web|date=22 November 2021|title=Energy firm Bulb set to go into administration|url=https://www.bbc.com/news/business-59373198|via=www.bbc.co.uk}}</ref><ref>{{Cite web|url=https://www.msn.com/en-gb/money/other/taxpayers-face-enormous-fee-as-latest-energy-company-collapses-government-now-a-supplier/ar-AAR0u4Z?cvid=ea68e040a14c4849aadb855dce25a8e0&ocid=winp1taskbar|title=Taxpayers face enormous fee as latest energy company collapses: Government now a supplier|website=www.msn.com}}</ref> |
|||
|- |
|- |
||
!Orbit Energy<ref name="auto11">{{Cite web|url=https://www.msn.com/en-gb/news/uknews/orbit-and-entice-become-latest-uk-energy-suppliers-to-go-bust/ar-AAR8idW?cvid=69a2407b671c4a8591f1f6fca8262b08&ocid=winp1taskbar|title=Orbit and Entice become latest UK energy suppliers to go bust|website=www.msn.com}}</ref> |
!Orbit Energy<ref name="auto11">{{Cite web|url=https://www.msn.com/en-gb/news/uknews/orbit-and-entice-become-latest-uk-energy-suppliers-to-go-bust/ar-AAR8idW?cvid=69a2407b671c4a8591f1f6fca8262b08&ocid=winp1taskbar|title=Orbit and Entice become latest UK energy suppliers to go bust|website=www.msn.com}}</ref> |
||
|26 November 2021, finalised 29 November<ref>{{Cite web|url=https://www.msn.com/en-gb/money/other/uk-energy-crisis-more-panic-as-gas-giant-with-65-000-customers-on-brink-of-collapse/ar-AARg1TO?cvid=237970c25a464cb2c8e09f4e07f1081b&ocid=winp1taskbar|title=UK energy crisis: More panic as gas giant with 65,000 customers on brink of collapse|website=www.msn.com}}</ref> |
|26 November 2021, finalised 29 November<ref>{{Cite web|url=https://www.msn.com/en-gb/money/other/uk-energy-crisis-more-panic-as-gas-giant-with-65-000-customers-on-brink-of-collapse/ar-AARg1TO?cvid=237970c25a464cb2c8e09f4e07f1081b&ocid=winp1taskbar|title=UK energy crisis: More panic as gas giant with 65,000 customers on brink of collapse|website=www.msn.com}}</ref> |
||
|65,000 |
|65,000 |
||
|Scottish Power<ref>{{cite web |title=Appointment of Scottish Power Energy Retail Ltd as Supplier of Last Resort for Orbit Energy Ltd |url=https://www.ofgem.gov.uk/publications/appointment-scottish-power-energy-retail-ltd-supplier-last-resort-orbit-energy-ltd |website=Ofgem |access-date=4 December 2023 |date=18 March 2022}}</ref> |
|||
|TBA |
|||
|- |
|- |
||
!Entice Energy<ref name="auto11" /> |
!Entice Energy<ref name="auto11" /> |
||
|26 November 2021 |
|26 November 2021 |
||
|5,400 |
|5,400 |
||
|Scottish Power<ref name="auto14">{{cite web |title=Appointment of ScottishPower Energy Retail Ltd as Supplier of Last Resort for Entice Energy Supply Ltd and Simply Your Energy Ltd |url=https://www.ofgem.gov.uk/publications/appointment-scottishpower-energy-retail-ltd-supplier-last-resort-entice-energy-supply-ltd-and-simply-your-energy-ltd |website=Ofgem |access-date=4 December 2023 |date=18 March 2023}}</ref> |
|||
|TBA |
|||
|} |
|} |
||
== See also == |
== See also == |
||
*[[Consumer Focus]] (consumer watchdog) |
|||
*[[Energy in the United Kingdom]] |
*[[Energy in the United Kingdom]] |
||
*[[Energy policy of the United Kingdom]] |
*[[Energy policy of the United Kingdom]] |
Latest revision as of 13:57, 29 November 2024
The Big Six were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, Scottish Power and SSE – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional public electricity suppliers and British Gas).[1]
In 2008, the Big Six still had over 99% of domestic and small business customers.[1] They were vertically integrated in electricity, owning sufficient generation capacity to supply all their customers; while in gas, only Centrica (British Gas) owned production facilities.[1] By the third quarter of 2019, after efforts by the regulator Ofgem to promote competition, their combined share in Great Britain was 70% for electricity supply and 69% for gas.[2][3] The purchase of SSE's retail business in January 2020 by OVO Energy, a competitor founded in 2009, marked the end of the original Big Six.[4]
The companies
[edit]Source:[1]
Supplier | Parent | Other brands | Former brands
(including retail/supply divisions of former regional electricity boards) |
---|---|---|---|
British Gas | Centrica | Scottish Gas | |
EDF Energy | Électricité de France | SEEBOARD, SWEB Energy, London Electricity | |
E.ON UK including npower |
E.ON | Northern Electric, Midlands Electricity, East Midlands Electricity, NORWEB, Powergen, Yorkshire Electricity | |
OVO Energy | Following purchase of SSE's retail business in 2020 | ||
Scottish Power | Iberdrola (from 2007) | MANWEB | |
SSE | Scottish and Southern, Southern Electric, SWALEC, Scottish Hydro |
2014–2016 competition investigation
[edit]In June 2014, energy market regulator Ofgem referred the energy industry to the Competition and Markets Authority (CMA).[5] The authority investigated the "six large energy firms" and published its report in June 2016.[6] For the retail market, the report recommended:[7]
- Removal of the requirement imposed by the 2014 Retail Market Review that limited suppliers to offering no more than four tariffs
- Establishment by Ofgem of a database of customers who have been on a "standard variable tariff" for three years or more, which competitors could use to contact those customers
- A temporary price cap for customers on prepayment meters
- Measures to support price comparison websites in the energy market.
Consolidation to Big Five
[edit]In 2017, SSE and Npower announced a merger of their retail businesses,[8] but this was scrapped in 2018.[9]
Just after the failed SSE-Npower merger in late 2018, it was reported that a consolidation to the Big Five would still occur, as Npower would be acquired by default by E.ON due to the already-planned asset swap by the respective German parents, Innogy and E.ON.[10] This was completed in 2019.[11]
Alternatives to the Big Six
[edit]In December 2014, Utility Warehouse, part of FTSE 250-listed company Telecom Plus[12] became the UK's biggest independent energy supplier through a £218m deal to buy 770,000 existing customers from npower.[12] In September 2014, First Utility[13] (since rebranded as Shell Energy) announced it was the first independent utility supplier to reach the milestone of 1m customer accounts for gas and electricity – the equivalent of 550,000 customers, which made it the seventh-largest energy supplier in the UK and the country's biggest independent energy provider.[13] In June 2015, a Cornwall Report stated Opus Energy[14] had broken the dominance of the 'Big Six' energy suppliers in the business market.[14]
The Competition and Markets Authority published an investigation into the energy supply market in June 2016,[15] following a referral by Ofgem in June 2014.[15] The report identified 34 suppliers of both electricity and gas to households, and described the three largest suppliers outside the Big Six as "mid-tier suppliers"; these were First Utility, OVO Energy and Utility Warehouse.[16] Other significant suppliers (each with more than around 1% market share) were Co-operative Energy, Extra Energy and Utilita Energy (specialising in pre-pay customers).[16] The combined market share of suppliers outside the Big Six[17] had increased from less than 1% in 2011 to around 13% in the first quarter of 2016.[17]
Since 2009, other entrants into the market include a number of new energy companies including Bulb Energy, Good Energy, Ecotricity, and Octopus Energy. Many of these newer entrants are seeing significant growth in customer numbers, in part due to their greater commitment to renewable energy and, in the case of Co-op Energy, community renewable energy projects.[18]
The energy regulator Ofgem maintains a list of all licensed electricity suppliers and distribution network operators.[19]
Local authority-owned companies
[edit]Three of the alternative energy companies have been owned by local authorities. The first such company since 1948 was Robin Hood Energy, owned by Nottingham City Council, which entered the market in 2015. Bristol Energy, also launched in 2015, was owned by Bristol City Council. Both Robin Hood Energy and Bristol Energy were available to consumers throughout the country until their demise in 2020.
In January 2020, London Power was launched by the Mayor of London. Contrary to the other two companies, it only provides gas and electricity to London homes. London Power is not itself an energy supplier, instead it is a partnership between the Greater London Authority and a providing partner, currently Octopus Energy.[20]
Defunct competitor companies
[edit]Before 2021
[edit]By January 2019, ten[21] small energy suppliers had ceased trading or been taken over by others, and others followed similar paths until the market turbulence in the autumn of 2021.
Company | Ceased trading | Customers (approx.) | Customers transferred to |
---|---|---|---|
Affect Energy | September 2018 | 22,000 | Octopus Energy (acquisition)[22] |
Breeze Energy | December 2019 | 18,000 | British Gas[citation needed] |
Brilliant Energy | March 2019 | 17,000 | SSE[23] |
Bristol Energy | September 2020 | 155,000 domestic, 4,000 business |
Business: Yü Energy[24] Domestic: Together Energy[25] |
Economy Energy | January 2019 | 235,000 | OVO Energy[26] |
ENGIE UK | January 2020 | 70,000 | Octopus Energy (acquisition of ENGIE's domestic UK customers) [27] |
Eversmart Energy | September 2019 | 39,000 domestic | Utilita Energy Limited[28] |
Extra Energy | November 2018 | 108,000 domestic, 21,000 business |
ScottishPower[29] |
Flow Energy | May 2018 | 130,000 | Co-op Energy (acquisition)[30] Brand continued until acquired by Octopus in 2019[31] |
Future Energy | January 2018 | 10,000 | Green Star Energy[citation needed] |
GB Energy Supply | November 2016 | 160,000 | Co-op Energy (acquisition)[32] Brand continued until acquired by Octopus in 2019[31] |
Green Star Energy | October 2019 | 200,000 | Shell Energy (acquisition)[33] Green Star was a subsidiary of Canada's Just Energy |
Iresa | July 2018 | 100,000 | Octopus Energy[34] |
OneSelect | December 2018 | 36,000 | Together Energy[35] |
Our Power | January 2019 | 31,000 | Utilita Energy[36] |
Robin Hood Energy | September 2020 | 112,000 domestic, 2,600 business |
British Gas[37] |
Solarplicity | August 2019 | 60,000 | EDF Energy[38] |
Spark Energy | November 2018 | 290,000 | OVO Energy[39] |
Tonik Energy | October 2020 | 130,000 | ScottishPower[40] |
Toto Energy | October 2019 | 134,000 | EDF Energy[41] |
Usio Energy | October 2018 | 7,000 | First Utility[42] |
Yorkshire Energy | December 2020 | 74,000 | ScottishPower[43] |
2021–2022
[edit]Sharp increases in wholesale gas prices in summer and autumn 2021, and a consequent increase in wholesale electricity prices, led to further collapses.[44][45] High prices continued into 2022.[46] Ofgem continued to arrange for customers of those companies to be transferred to other suppliers, but when Bulb Energy failed in November 2021 a different approach was needed: with 1.7 million customers, it was the seventh biggest supplier company. Bulb was placed in "special administration" and the UK government undertook to cover its losses while a sale or restructuring was organised, with a potential cost to taxpayers of £1.7 billion.[47]
Company | Ceased trading | Customers (approx.) | Customers transferred to |
---|---|---|---|
Zog Energy [48] | 1 December 2021 | 11,700 | EDF Energy[49][50] |
Simplicity Energy | January 2021 | 50,000 | British Gas Evolve[51] |
Green Network Energy | January 2021 | 360,000 | EDF[52] |
Ampoweruk Ltd[53] | 2 November 2021,[53] finalised 3 November[45] [53] | 600 [48] or 2,600[53] | Yü Energy [54] |
Omni Energy[53] [45] | 3 November 2021 | under 10,000 | Utilita[55] |
MA Energy[45][53] | 3 November 2021 | under 10,000 | SmartestEnergy Business Limited[55] |
Neon Reef[56] | 16 November 2021 | 30,000 | British Gas[57] |
Social Energy Supply[56] | 16 November 2021 | 5,500 | (TBA) |
CNG-Power[45] [53] [58] | 3 November 2021 | under 10,000 | (TBA) |
Zebra Energy[45][53] | 3 November 2021 | under 10,000 | (TBA) |
Bluegreen[59] | 1 November 2021,[59] finalised 3 November[45] | 5,600 | British Gas[55] |
Avro Energy | 22 September 2021 | 580,000 | Octopus Energy[60] |
Colorado Energy | 13 October 2021 | 15,000 | Shell Energy[61] |
Daligas | 14 October 2021 | 9,000 | Shell Energy[61] |
ENSTROGA | 29 September 2021 | 6,000 | E.ON Next[62] |
Green Supplier Limited | 22 September 2021 | 255,000 | Shell Energy[63] |
GOTO Energy | 18 October 2021 | 22,000 | Shell Energy[64] |
Hub Energy | 9 August 2021 | 6,000 domestic,
9,000 others |
E.ON Next[65] |
Igloo Energy | 29 September 2021 | 179,000 | E.ON Next[62] |
MoneyPlus Energy | 7 September 2021 | 9,000 | British Gas[66] |
People's Energy | 14 September 2021 | 350,000 domestic,
1,000 others |
British Gas[67] |
PFP Energy[68] | 7 September 2021 | 82,000 domestic,
5,600 others |
British Gas[66]
PFP was Places for People Energy 2014–2017 |
Pure Planet | 13 October 2021 | 235,000 | Shell Energy[61] |
Symbio Energy | 29 September 2021 | 48,000 | E.ON Next[62] |
Together Energy (incl. Bristol Energy) | 18 January 2022 | 176,000 | British Gas[69] |
Utility Point | 14 September 2021 | 220,000 | EDF Energy[70] |
Bulb Energy | 23 November 2021 | 1,700,000 | Octopus Energy[71] |
Orbit Energy[72] | 26 November 2021, finalised 29 November[73] | 65,000 | Scottish Power[74] |
Entice Energy[72] | 26 November 2021 | 5,400 | Scottish Power[75] |
See also
[edit]- Energy in the United Kingdom
- Energy policy of the United Kingdom
- Energy switching services in the UK
- Electricity sector in the United Kingdom
- Office of Gas and Electricity Markets § Development of competition in the UK market
References
[edit]- ^ a b c d "Energy Supply Probe – Initial Findings Report" (PDF). Ofgem. 6 October 2008. pp. 27–30. Archived (PDF) from the original on 31 October 2008. Retrieved 1 November 2021.
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