NEM statistical summary of competition: Gas

NEM statistical summary of competition: Gas

  Category Measure 2016 review 2017 review 2018 review 2019 review source
NEM
Market characteristics Number of small customers 3,930,456 4,018,887 4,077,610 4,173,687 AER retail statistics, ESC
Number of retail brands/businesses 14 \ 12 16 \ 14 19 \ 16 AEMO data, AEMC analysis
New retail brand/business entry into NEM 0 \ 0 2 \ 1 3 \ 3
Independent rivalry Market concentration (% of customers with Big 3)[1] 84% 82% 81% 79% AER retail statistics, ESC
Residential consumer activity Switching rate- gas company 16% 15% 16% 19% AEMO data, AEMC analysis
Business consumer activity Switching rate- gas company[2] 4% 10% 30% 20% Small business surveys
Residential consumer outcome Satisfaction with level of competition/value for money- gas 40%/57% 49%/64% 43%/60% 47%/60% ECA survey, AEMC analysis
Business consumer outcome 57%/43% 51%/55% 47%/61% 61%/53% Small business surveys
(1) This does not include Tasmania and regional Queensland. (2) This is based on consumer survey data and is not exhaustive. Businesses were asked if they had switched in the past 12 months.