OFGEM Published Market Indicators

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OFGEM published today various market indicators @ https://www.ofgem.gov.uk/monitoring-market/retail-market-indicators.

Some interesting results: Retail Price Comparison; shows the avarage standard tariff from the big6 suppliers as £1098 compared to the cheapest tariff of all suppliers as £810 – a whopping £288 possible saving! For large properties this figure would be far more.

Not surprising other suppliers have increased their market share to 12%, which is equal to Eon. Only British Gas has still a 37% share but also theirs is steadily dropping.

Pre-tax margins of the large suppliers have overall slightly improved to 4.5% with only EDF still marginally in the minus.

The message is clear: shopping for the best deal should save you £££’s in domestic and thousands in commercial energy contracts – call Alpine Utilities Today for a professional and impartial service.