LAPSE:2023.33361
Published Article

LAPSE:2023.33361
Changing Energy Supplier on the Market with a Strong Position of Incumbent Suppliers—Polish Example
April 21, 2023
Abstract
The purpose of the study is to identify factors affecting the intention to change an energy supplier. This is in a country, Poland, where competition in the energy market has been intensifying over several years, but incumbent suppliers still have an extremely strong position on the market, and the tendency to change an energy supplier is relatively low. The survey was conducted in 2020 on a sample of 1216 adults. The research results were used for a multigroup SEM (Structural Equation Modelling) analysis using AMOS 26. The main findings indicated a strong impact on a general image of a company, as well as the lack of importance of a green image of the current energy supplier. In the general research approach, there are no visible differences in the impact of the perceived price transparency on the intention to switch the supplier. However, taking into consideration two groups (a low energy bill vs. a high energy bill), some interesting differences are visible. In the markets with low consumers’ intention to switch, the strong position of incumbent suppliers is due to their exceptionally strong image in these markets. Spending time on maintenance is the biggest disadvantage for new energy suppliers who, when entering the market, have to look for differentiators.
The purpose of the study is to identify factors affecting the intention to change an energy supplier. This is in a country, Poland, where competition in the energy market has been intensifying over several years, but incumbent suppliers still have an extremely strong position on the market, and the tendency to change an energy supplier is relatively low. The survey was conducted in 2020 on a sample of 1216 adults. The research results were used for a multigroup SEM (Structural Equation Modelling) analysis using AMOS 26. The main findings indicated a strong impact on a general image of a company, as well as the lack of importance of a green image of the current energy supplier. In the general research approach, there are no visible differences in the impact of the perceived price transparency on the intention to switch the supplier. However, taking into consideration two groups (a low energy bill vs. a high energy bill), some interesting differences are visible. In the markets with low consumers’ intention to switch, the strong position of incumbent suppliers is due to their exceptionally strong image in these markets. Spending time on maintenance is the biggest disadvantage for new energy suppliers who, when entering the market, have to look for differentiators.
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Keywords
customer loyalty, customer retention, energy suppliers, incumbent suppliers, marketing, switching supplier
Subject
Suggested Citation
Dudek D, Lipowski M, Bondos I. Changing Energy Supplier on the Market with a Strong Position of Incumbent Suppliers—Polish Example. (2023). LAPSE:2023.33361
Author Affiliations
Dudek D: Faculty of Economics, Maria Curie-Sklodowska University, Pl. M. Curie-Skłodowskiej 5, 20-031 Lublin, Poland
Lipowski M: Faculty of Economics, Maria Curie-Sklodowska University, Pl. M. Curie-Skłodowskiej 5, 20-031 Lublin, Poland [ORCID]
Bondos I: Faculty of Economics, Maria Curie-Sklodowska University, Pl. M. Curie-Skłodowskiej 5, 20-031 Lublin, Poland
Lipowski M: Faculty of Economics, Maria Curie-Sklodowska University, Pl. M. Curie-Skłodowskiej 5, 20-031 Lublin, Poland [ORCID]
Bondos I: Faculty of Economics, Maria Curie-Sklodowska University, Pl. M. Curie-Skłodowskiej 5, 20-031 Lublin, Poland
Journal Name
Energies
Volume
14
Issue
13
First Page
3933
Year
2021
Publication Date
2021-06-30
ISSN
1996-1073
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Original Submission
Other Meta
PII: en14133933, Publication Type: Journal Article
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LAPSE:2023.33361
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https://doi.org/10.3390/en14133933
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Apr 21, 2023
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