Energy supplier switching crashes to lowest levels on record
Published: December 8, 2021Changes of energy supplier (CoS) dropped to the lowest level since records began in 2012, according to November’s Energy Market Data Hub (EMDH) switching data. Only 131,000 switches were completed last month after switching requests plummeted in October.
View article in fullProtecting customers through the SoLR process
Published: November 24, 2021Unprecedented – A word we have grown tired of this past couple of years, but all too fitting when describing the events in the energy market this year. With record high prices leading to a record number of suppliers leaving the market, the domestic energy supply market has never been so volatile.
View article in fullSecuring data democracy
Published: November 23, 2021One of ElectraLink’s key strategies for the next few years is to increase data transparency and accessibility in the energy market. However, we are aiming to achieve this is an environment of heightened risks and concerns about data and system security. There have been some high-profile data breaches dominating the news, many occurring in sectors which would not be considered a target.
View article in fullSwitching requests plummet in October following supplier market exits
Published: November 16, 2021The aftermath of multiple energy supplier exits was fully revealed in October as switches started fell to the lowest levels on record. Only 232,000 switches started last month – 67 percent less than October last year and the fewest in one calendar month since ElectraLink records began in 2012. The previous lowest month for Changes of Supplier (CoS) started was June 2014 with 240,000 switches started.
View article in fullMarket disruption drives customers to find switching security with large suppliers
Published: November 9, 2021Energy supplier switching figures from last month reveal the uncertainty in the energy market is pushing people towards established retail brands as large legacy suppliers saw their most positive month in eight years.
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