Consumer switching remained strong in 2020, over 500,000 shifts

Over 500,000 consumers switched electricity suppliers in 2020, according to RAE, the Regulatory Authority for Energy, a level maintained for a second consecutive year, highlighting the momentum bringing about change in the retail electricity market.

Latest RAE data showed that 530,064 consumers in the low and medium-voltage categories, of 6,796,034 in total, switched consumers in 2020.

The greatest rate of mobility was registered by low-voltage consumers in the business and industrial categories. A total of 103,382 consumers belonging to these categories, or 8.83 percent of 1,170,250, overall, switched suppliers.

Low-voltage household consumers followed with 8.69 percent, or 423,141 of 4,871,122 in total, switching suppliers, the RAE data showed.

Power utility PPC remained the main supplier in 2020, representing 77.8 percent of the total number of low and medium-voltage connections and 63.2 percent of total electricity consumption, RAE reported, noting, however, that these figures fell by 6 and 8 percent, respectively, compared to 2019.