Is it the end of The Big Six?

еса business energy T 01246 290 490 W ecaBusinessEnergy.com buy better, use less Is it the end for The Big Six? The number of energy companies in the UK has increased from just eight in 2007 to 61 in 2019. For many years just six energy companies dominated the market, British Gas, EDF, E.ON, nPower, Scottish Power and SSE. These companies became known as The Big Six'. However, actions to increase competition, taken by the government in 2013, paved the way for a growing number of small and medium sized providers to enter the market. Most recently, The Big Six has been further shaken up by E.ON's takeover of nPower and the takeover of SSE by OVO Energy. The extra choice and increased competition amongst suppliers could mean great benefits for UK Businesses. The Providers keDF British Gas British Gas EDF Energy British Gas was formed in 1973 The French state-controlled as a state-supervised gas supplier. After becoming privatised in 1986, its core sales, trading, retail and production businesses were brought EDF owns EDF Energy in the UK, where it provides gas and electricity to 6million Customers. together under ownership of It was formed in 2002 after a merger of several national and regional British energy Centrica in 1997. It is the UK's largest supplier with 11million gas customers and 6million electricity customers. companies. e-on NPOwer e-on E.ON nPower Originally formed as Powergen in 1989, the company was Along with E.ON, nPower was one of a number of companies acquired by German company, created after the 1989 AG in 2002 and became E.ON Electricity Act. in 2007. It was announced in January 2019 that E.ON would acquire In 2000 the company became known as Innogy PLC and remained so until 2002, when it was acquired by German company, RWE, and rebranded nPower, and the takeover occured later that year. as nPower. se SCOTTISHPOWER bvg energy Scottish Power SSE Originally formed in 1990, Scottish and Southern Energy Scottish Power has was formed from a merger approximately 5 million customers. It supplies energy nationwide, and not just in between Southern Electricity Board and a Scottish hydroelectricity project. Scotland. Up until 2019, the company had around 9million customers, and In 2006, the company was bought by Spanish company, Iberdrola. was thereafter acquired by the mid-sized provider, OVO Energy. Market Share As of 2018, the market share for the Big 6 providers looked like this: Other Providers British Gas 20% 21% SCOTTISHPOWER 10% sse 14% e-on NPOwer 10% 13% EDF 12% Source: Ofgem, 2018 Procurement & Management Businesses can make long-term energy savings through better procurement and reduced usage by working with a business energy consultant. For over 30 years, ECA Business Energy has been working with clients from all sectors, and of all sizes, from single-site startups to some of the UK's biggest businesses. Many of their clients have been with them for over 20 years. When you've got the best price in place, ECA Business Energy will also support you to build a reliable and ECA Business Energy's ECA Business Energy's totally independent service provides service doesn't end with a unbiased access to the full better energy deal. Your dedicated account manager energy market, including renewable energy sources. Using their market insights and forecasting of your energy-efficient infrastructure. Whether you need permanent or temporary supplies, they can install new metering and connections across your sites, including on-site solar and electric vehicle charging will continue to work with you to assess your changing demands as your business grows. This ensures you can benefit from saving time, being more compliant, efficient and always accessing the best price energy. energy consumption, they will secure the best fixed-term contracts, flexible, or group basket purchasing options directly with providers. points. ECA Business Energy believe a personal approach is the only way to do great business. Clients choose to retain their services, because they know they're going to receive the best care from a dedicated account manager. To find out more about ECA Business Energy's procurement & management services visit: ecabusinessenergy.com/services/procurement-management ECA Business Energy еса business energy ECA House 1 Dronfield Court buy better, use less Civic Centre Dronfield S18 1NQ T 01246 290 490 W ecaBusinessEnergy.com