[INSIGHTS+] UK Energy Supply Market Challenges

With global energy cost increasing, in the UK we have been seeing an increasing my of suppliers go out of business.

There has been a lot written about htis in the media recently, but as ever it always good to look at the actual numbers rather than the headlines. So after crawling through various websites, I was able to gather the data and I was surprised to see the extent of the issue, the total number of customers impacted and just how big an issue it is in 2021. Over 2 million customer accounts have been impacted, this year alone.

Data: Ofgem

The regulator protects these customers and as a matter of course customers are transferred to new suppliers as part of this process.

This process is an open bidding process... So, f...

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