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and profits
Facts and figures on Britain's energy market, larger
supplier prices and profits, energy bills and switching.
The full rollout of competition in the energy market began in the late 90s.
June 2018
73 active
suppliers
64
compete in the domestic provide both gas 7 solely supply gas
energy market and electricity and 2 electricity
In 2009, we told energy companies they must publish annual statements (CSS)
showing separately their revenues, costs and profits for how they generate and
supply energy so profits are clearer for consumers.
Large suppliers: Domestic dual fuel bill breakdown over time (GB)
£1250
£1000
£750
£500
£250
£0
2010 2011 2012 2013 2014 2015 2016 2017
(£1,116 bill, (£1,057 bill, (£1,232 bill, (£1,286 bill, (£1,190 bill, (£1,165 bill, (£1,123 bill, (£1,117 bill,
VAT added) VAT added) VAT added) VAT added) VAT added) VAT added) VAT added) VAT added)
At September 2018:
i
AverageCheapest
available
AVAILABLE TARIFF
i AROUND
Standard
VARIABLE TARIFF £921
AROUND PER YEAR 2
£1,206
PER YEAR 1
UK ranks
BELOW AVERAGE SE DK IT ES NL PT AT FR IE DE CZ BE SI UK SK PL EE LU LT LV BG HR HU RO
on gas prices Average UK domestic gas price (incl. taxes) for medium user customer
for period July to December 2017 is below the median EU price.*
and
AROUND AVERAGE Average domestic electricity price
(medium user)
on electricity
prices
Pence /kWh
DE DK BE IE PT ES IT SE AT UK CY FR GR LU SI FI LV NL CZ PL SK MT EE RO HR HU LT BG
Market structure and share figures from Distribution Network Operator and Xoserve data. Prices and profits of the larger energy suppliers
from Ofgem Consolidated Segmental Statements. Average available tariffs calculated from EnergyHelpline data. Figures based on dual fuel
tariffs paid by direct debit (Typical domestic consumption values: 12,000kWh for gas and 3,100kWh for electricity). Average variable tariffs
based on dual fuel direct debit standard variable tariffs available from the six largest suppliers. UK/Europe price comparison figures from
the Department for Business, Energy and Industrial Strategy. Switching figures to small/medium supliers are calculated taking the gross
gains for medium/small suppliers then subtracting the losses to calculate a net gains value. Ofgem switching figures calculated from
Network Operator data accounting for total number of meters for fuel type.