Breaking News in the Energy Market! 🚨 Today marks a historic milestone as @OctopusEnergy is announced as the largest domestic household energy supplier in Great Britain according to new data from Cornwall Insight. The first major shift in market leadership since the early days of market liberalisation in the 1990s. Measured by the total number of electricity and gas accounts it has on live supply, as of 31 October 2024, our Domestic Energy Market Share Survey shows Octopus Energy has: 💡23.7% of the market share, surpassing the second-largest supplier by 0.6%. 🏚️12.9 million household energy accounts Our data shows six companies hold over 90% of the market share, with only 8.9% of the market held by small and medium suppliers outside these companies. This marks a significant shift from the period before the energy crisis, when small and medium suppliers held more than 30% of the domestic energy market. Read more on the story here: bit.ly/4gZK6B2 ⚡ Stay Ahead of the domestic energy news ⚡ For regular insights and in-depth analysis on the domestic energy market -including tariff analysis, market share data, supplier movements, and daily news reports - explore our Home Supply and Services intelligence: bit.ly/4ai2VwT

Exclusive: Octopus Energy, the UK’s second-biggest household energy supplier, will say tomorrow that it has paid over £3bn to the government in connection with the 2022 rescue of rival Bulb, generating a profit for taxpayers of more than £1.5bn. news.sky.com/story/octopus-e…