Consumer supplier switches fall 6.5% in September

Consumer switches from one electricity supplier to another fell by 6.5 percent in September, compared to the same month a year earlier, a slowdown attributed to monthly price fluctuations discouraging moves.

During the first twenty days of August, consumer switches decreased by 20 percent, reaching approximately 37,700 from 31,200 in the equivalent month of 2021. Customer mobility was even higher during the remaining ten days of August, resulting in an overall 30 percent increase of shifts for the month.

Based on new law, electricity retailers are required to announce their prices for the forthcoming month by the 20th of each preceding month.

In September, customer shifts fell by approximately 6,500, year on year, to 93,500 from roughly 100,000 a year earlier.