Almost half of 1.4 million households have switched to Open Electricity Market retailer: Energy Market Authority

As of Oct 31, Keppel Electric has the largest share of residential consumers at 23.4 per cent, followed by Geneco with a 21.0 per cent.

As most consumers signed two-year contracts since the start of the OEM, many would have started to receive notifications from their retailer regarding supply arrangements after their contract ends, said EMA.Retailers must notify their customers at least 10 business days before the end of their contract.CONSUMER SATISFACTION SURVEY

The survey was based on 5,700 responses from residential consumers who switched to an electricity retailer from November 2019 to May 2020, and 1,600 residential consumers who renewed with their retailer from January 2020 to June 2020.About half of the 1,600 respondents who renewed their contract with their retailer between January and June this year have compared price plans with other retailers before doing so.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street set for higher open as labor market regains momentumWall Street was set to open higher on Friday after data showed faster-than-expected jobs growth in February, reinforcing bets on an economic ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

S&P 500, Nasdaq open at record high on stimulus progress, job market reboundThe S&P 500 and the Nasdaq opened at record highs on Friday on signs of progress towards more economic stimulus, while a closely watched jobs ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Singapore stocks end week almost flat, STI inches up 0.05%LOCAL equities ended Friday on a flat note amid a directionless trading session. Investor optimism also took a hit from the announcement of a 3.6 per cent year-on-year decline in Singapore's retail sales for December 2020, as many industries remained affected by low visitor arrivals. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »