Britain’s six biggest retail energy suppliers, known as the Big Six, are about to become five with the restructuring of Npower by its German owner E.ON.
Below are details about the market and factors driving change:
WHO ARE THE BIG SIX?
Alongside Npower, the Big Six, which control about 70% of Britain’s retail energy market, are Centrica’s British Gas , SSE, EDF Energy, Iberdrola’s Scottish Power and another E.ON-owned supplier operating under the E.ON brand.
British Gas dominates with about 24 million customers.
WHAT IS CHANGING AMONG THE MAIN SUPPLIERS?
E.ON said on Friday it planned to break up Npower under a 500 million pound ($642 million) restructuring, which a union said could put up to 4,500 jobs at risk. Npower’s customers are expected to migrate to the E.ON branded business.
