Do you think that the market is too saturated and that some electricity retailers will close down soon? - Seedly
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Electricity Retailers

Anonymous

Asked on 10 Jul 2019

Do you think that the market is too saturated and that some electricity retailers will close down soon?

Everyone wants to have a share of the market then how? There will definitely be some who will need to exit the market no?

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Nicholas Tan Yi Da
Nicholas Tan Yi Da
Level 4. Prodigy
Answered on 10 Jul 2019

I can definitely say for sure for down the road some may close down as the bigger players consolidate their mkt share, as the SG is too small and too competitive, like closure of ESPower recently. Rule of thumb, choose the bigger companies yeahšŸ˜‰

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