Question

State three reasons for the crumbling of the big six suppliers of electricity in great Britain

Answer 1

Konnichiwa mate! You firstly read these lines try to find it out.

The Big Six are the United Kingdom's largest energy suppliers, supplying gas and electricity. The Big Six are British Gas, EDF Energy, E.ON, Npower, Scottish Power, and SSE.

As of Q3 2018, the Big Six held a combined market share of 75% for electricity supply and 73% for gas supply in Great Britain. They previously held a combined market share across both markets of 100% in 2004.[1][2]

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Answer 2

Answer:

Crumbling of Big Six in great Britain:

Explanation:

The three reasons for the crumbling of the big six suppliers of electricity in Great Britain are as follows:

• 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.
• The regulations have been made tougher by the government on the aspects of supplying electricity.
• The government has raised the price caps designed in order to restraint the dominance of the Big six.