Who’s your best bet in the energy minnows market?
Eversmart Energy Manchesterbased supplier, launched in August 2016, has around 15,000 customers. Encourages getting a smart meter installed but is not essential.
Utility Point Launched in July 2017 and is based in Poole, Dorset. Offers a £25 credit for switching.
Outfox the Market Firm launched in September 2017 and has a monthly membership fee which ranges from £6.99 to £53.99.
Economy Energy Based in Coventry, it set up in 2012 and supplies more than 250,000 customers. It is being probed by regulator Ofgem over concerns its marketing and telesales practice could have breached rules.
Usio Energy New London firm installs smart meters in all customers’ homes. People’s Energy Crowdfunded, it launched in July 2017 after raising £487,815 of a £200,000 target. It is offering free energy in return for pledges until it reaches a milestone 20,000 customers. Utility Warehouse Launched in 2002 it has 600,000 customers and relies on agents who receive commission for getting friends and family to sign up. Ovo Energy Bristol-based firm was founded in 2009 and is one of the fastest-growing new suppliers with more than 400,000 customers.
Good Energy Wiltshire-based firm supplies energy to more than 66,000 customers. While it scores highly for customer satisfaction, its tariffs aren’t always the cheapest.
Octopus Energy Launched in April 2016 and more than 160,000 households signed up in just 18 months. It is the UK’s biggest solar energy investor.