Economy, asked by miganmakena858, 1 year ago

list two reasons for the crumbling of the Big Six suppliers of electricity in Great Britain?

Answers

Answered by Raghav1330
11

Answer:

Reasons for crumbling of Big Six in Great Britain:

Explanation:

The reasons for the crumbling of Big Six suppliers of electricity in Great Britain are as follows:

  1. The rising number of independent energy suppliers were becoming competitors for the Big Six. These independent energy suppliers did not generate their own electricity instead they purchased it from wholesale markets.
  2. The regulations have been made tougher by the government on the aspects of supplying electricity and also has raised the price caps designed in order to restraint the dominance of the Big six.  

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