August 11, 2017
New figures released from Energy UK show that more than three million customers have switched their electricity supplier, so far, this year.
This is a huge 14% increase on this point in 2016. July this year seen 385,000 customers switch their electricity provider, 16% more than July 2016.
One in five switches went to small and medium sized energy suppliers and the rest went to the "Big Six" suppliers; British Gas, EDF Energy, E.ON, Npower, Scottish Power and SSE.
It's expected that the upward switching trend will continue in August after British Gas announced an electricity price increase of 12.5% for 3.1m customers. Duel fuel customers can expect their average annual bill to rise by 7.3%.
Lawrence Slade, chief executive of Energy UK said:
"To see over three million customers switch this year and save themselves money is fantastic. There are now over 50 suppliers to choose from, which is driving innovation, improvements to customer service and providing an incentive to keep prices competitive as suppliers fight to keep and attract customers. "Switching is simple to do, make sure you are on the best deal for you by finding some time to switch or speak with your supplier this summer and you could save hundreds of pounds."
Tina Tietjen, independent chair of the Energy Switch Guarantee, said:
"Despite the myths about switching, it is simple, speedy and safe to switch and nearly 400,000 switched to a better energy deal last month. "You only need your bill to hand to find out if you can be on a better deal and your new energy supplier will take care of everything. Energy Switch Guarantee now covers 74 per cent of the market and provides peace of mind that switching will be hassle-free and quick switch so make sure you look out for the logo."
If you are considering switching energy supplier we can help. You can do a comparison through our website or call one of our energy advisors on 01259 220000. On average our customers save £308.01*.
*20% of all users over the last 60 days (12 Jun - 10 Aug) achieved a saving of at least £308.01
Posted on August 11, 2017 at 11:16 AM