![](https://i.imgur.com/CLvY2jA.png")
17-10-2021, 05:48 PM
We have about 1.4 million household consumers and about 50% have switched. On the other hand, we have about 12 retailers. That is a ratio of 110K consumers per retailer.
In the UK, they have about 6.4 million consumers switched and 47 retailers. That is roughly 136K consumers per retailer.
![[Image: nu03djx.png]](https://i.ibb.co/THvcjSB/nu03djx.png)
Recently more than a dozen of UK retailers have quit because of the electricity price `has risen. The quitting rate is about 12/47 or 25%.
Unless the electricity price can be reduced to a sustainable business level, looks like some more smaller retailers, especially those offered very low rates earlier, will also throw in their towels sooner.
https://www.forbes.com/uk/advisor/energy...rs-update/
In the UK, they have about 6.4 million consumers switched and 47 retailers. That is roughly 136K consumers per retailer.
Recently more than a dozen of UK retailers have quit because of the electricity price `has risen. The quitting rate is about 12/47 or 25%.
Unless the electricity price can be reduced to a sustainable business level, looks like some more smaller retailers, especially those offered very low rates earlier, will also throw in their towels sooner.
https://www.forbes.com/uk/advisor/energy...rs-update/
