Electricity switching at four-year low amid high wholesale prices

Mon, 18 Mar 2019

By Gavin Evans March 18 (BusinessDesk) - Switching in the retail electricity market is at a four-year low amid sustained high wholesale prices. About 30,340 customers changed supplier last month, 13 percent less than a year earlier and the lowest February total since 2015. Switching in January was just 29,350, also a four-year low. Switching is usually lowest in January and peaks in the winter months. It tends to jump sharply in February and March as retailers use autumn to start recruiting campaigns. Contact Energy, which is offeri...

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