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DATAMONITOR VIEW |
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CATALYST |
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SUMMARY |
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ANALYSIS |
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TPIs need to be conscious of their market position, as there is strong competition and the market is stagnant |
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Power buyers' willingness to engage with TPIs may have peaked, which will lead to a change in strategy for TPIs |
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The reduction in gas market exposure illustrates that buyers' appetite for using TPIs may have peaked |
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The TPI market is highly disaggregated, with the nine largest companies accounting for just 31% of buyers |
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Utilyx is the dominant gas TPI, however, the gas market is typified by many small players |
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Both suppliers and buyers need to be careful about which TPIs they work with, considering the possible structural changes that will affect the TPI environment |
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E.ON, British Energy and SSE are the power suppliers that provide the best service to TPIs |
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E.ON and EDF Energy provide the strongest level of service for gas contracts to TPIs |
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Datamonitor's customer satisfaction questions cover importance, experience, and experience drivers |
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SME customers that use a TPI are generally less satisfied than buyers which contract direct, while MEU buyers are more satisfied |
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BGB and E.ON are reliant on TPIs to help them achieve better SME gas customer satisfaction |
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Buyers consistently rate TPIs as being more important than their supplier |
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TPIs are likely to continue to exist, as the service that they provide cannot be matched by suppliers |
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TPIs are looking for both a higher level of interaction with suppliers and a higher degree of flexibility to enhance the product that they offer to buyers |
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For TPIs, having access to experienced call center staff is essential for a strong relationship with the supplier |
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TPIs are demanding more flexibility from suppliers regarding the terms and conditions of contracts |
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While the Utilities Intermediaries Association is well known in the TPI community, outsiders' knowledge is limited |
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TPIs firmly believe that customers are choosing their services based on service ahead of price |
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APPENDIX |
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Glossary |
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Ask the analyst |
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Datamonitor consulting |
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Disclaimer |
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List of Figures |
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Figure 1: Historical TPI exposure by supplier, power |
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Figure 2: Historical TPI exposure by supplier, gas |
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Figure 3: TPI market share by volume and buyers, power |
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Figure 4: TPI market share by volume and buyers, gas |
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Figure 5: Quality of service rating of power suppliers, TPI respondents only |
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Figure 6: Quality of service rating of gas suppliers, TPI respondents only |
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Figure 7: Customer satisfaction interviewing methodology |
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Figure 8: Customer satisfaction competencies |
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Figure 9: Power CSat - TPI versus directly managed customers, by supplier |
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Figure 10: Gas CSat - TPI versus directly managed customers, by supplier |
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Figure 11: Rating of importance of supplier and TPI, by supplier, power |
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Figure 12: Rating of importance of supplier and TPI, by supplier, gas |
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Figure 13: Rating of importance of service/products, by respondent type |
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Figure 14: TPI respondents' view on possible improvements from suppliers |
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Figure 15: Knowledge of UIA, by respondent type |
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Figure 16: TPI views on the TPI market |
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