The number of customers returning to power utility PPC in October increased by more than 300 percent compared to May, but the company is still losing more customers than it is gaining, latest market data obtained by energypress has shown.
PPC gained 5,200 new customers in October, compared to 1,350 five months earlier, the data showed. If the wave of PPC’s returning customers continues to swell, the inflow of customers will eventually exceed the outflow.
Recent data made available by distribution network operator DEDDIE/HEDNO backs this trend as the operator’s figures showed that PPC lost 47,000 low-voltage connections between the second and third quarters, well below the 71,000 lost between the first and second quarters.
PPC represented 5.06 million low-voltage connections in September, a 74.2 percent market share, according to the DEDDIE/HEDNO data.
Among the independent suppliers, representing an overall 1.61 million low-voltage connections in September for a 23.6 percent share, Protergia, a member of the Mytilineos group, was at the forefront with a 4.07 percent share, or 277,000 customers, followed by Elpedison, with 3.75% and 256,000 connections, and Heron with 232,000 connections and a 3.41 percent share.