BIG SIX energy firms are asleep at the wheel, meaning challenger suppliers have a great opportunity to pick "low hanging fruit" amid market volatility, argued
Kalar told City A.M.: "They are so bloated in terms of their response and their ability to move in changing market conditions.
"I think for years and years, we will enjoy poaching contracts from the bloated underbelly of the Big Six."
Kalar argued
Its latest full-year results, published yesterday, are encouraging - with rev- enues rising 53 per cent from £101.5m to £153.4m, recording a profit of £4.5m.
The escalating domestic energy crisis has seen dozens of suppliers' collapse over the past six months, but
The company has scooped up customers from three fallen firms through the supplier of last resort process.
This includes 2,500 customers from AmpowerUK last November and a combined 550 from
The chief executive attributed
It has also not been constrained by the price cap - which limited the ability of consumer-focused suppliers to pass on soaring wholesale costs this winter.
Kalar also refused to rule out a play for Gazprom Energy's customers, with reports of a mass exodus of clients.
He said: "These customers are publiclylisted companies, shopkeepers,
(c) 2022 City A.M., source