The Electricity Trade industry is expected grow at a compound annual rate of 3.4% over the five years through 2015-16, taking its revenue to £32.2 billion, including growth of 2.1% in the current year. Higher electricity prices have more than offset lower electricity consumption. The volume of electricity consumed has been particularly low at the beginning of the period as business and household budgets were tightened during the economic slowdown, cutting demand for power. Rising prices have also encouraged many households to invest in more efficient insulation or solar panels to reduce their energy bills.
Operators in this industry purchase electricity from generators and sell it to households and businesses.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.