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Customers face rising energy bills due to subsidy costs

Customers face rising energy bills due to increase in subsidy scheme costs: The COVID-19 lockdown and the resulting reduction in energy demand have seen the costs of supporting renewable subsidies increase both in terms of £/MWh and overall expected spend for 2020-21.   Research from Cornwall Insight’s ‘Third-Party Charges forecast’ highlights that as a result…
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How to get households involved in grid balancing

How to get households involved in grid balancing: The energy industry has already been looking at how households will be supported in their participation in demand-side services. This area has traditionally been the domain of large commercial customers. However, the current situation of low energy demand and high renewable generation has brought the need for…
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Challenger energy suppliers join the “Big Six”

Challenger energy suppliers join the “Big Six”: Research from Cornwall Insight’s Domestic market share survey for the first quarter of 2020 shows a shake-up of the rankings that is unprecedented in the survey since its launch. The completed merger of OVO Energy and SSE and organic growth from Bulb have seen the names of challenger…
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23% of the cheapest suppliers have exited the market

23% of the cheapest suppliers have exited: Latest research from Cornwall Insight’s Domestic Tariff Report highlights that since 2017, just under a quarter (23%) of suppliers with the cheapest tariff have left the market either through Ofgem’s Supplier of Last Resort (SoLR) process or by being acquired by another supplier. Between the years 2015 to…
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Suppliers use energy market turbulence for market share

Suppliers use energy market turbulence: Analysis from Cornwall Insight shows that despite the household energy supplier market experiencing a turbulent time over the past 12 months, several companies have used this to their advantage to increase their market share. In fact, figures from Cornwall Insight’s Domestic Market Share Survey show that the recent spate of…
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Face-to-face energy sales on the rise

Face-to-face energy sales on the rise: Since new regulations to control direct energy sales were implemented by Ofgem in 2009, switches made in a direct manner – either face-to-face or telesales – began to decline as many suppliers ceased using the direct sales channel. However, the latest research from Cornwall Insight’s Domestic Energy Sales Channels…
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