Over the past few years we’ve seen a change in customer behaviour, where people shop around for the best value groceries, phone contracts and discounts for meals at restaurants.
But although each month around 200,000 electricity customers switch supplier, this is just one per cent of electricity customers in Great Britain. As a result, we know around 13.5 million households are paying more than they need to on their energy bills.
With savings of around £200 to be had, I want our Power to Switch campaign to encourage people up and down the country to think about switching. So far, we’re off to a flying start.
During the first two weeks, thousands of people have been going online to see if they can get a better energy deal. A successful Twitter Party hosted with BritMums on 3 March saw over 700 tweets during the hour and #PowertoSwitch trending across the UK. It’s great to see the public, switching sites and industry, get behind the campaign.
We’ve heard from a number of people already who have saved money by switching energy supplier and plan to spend the money they’ve saved on holidays, days out, or redecorating their home.
UK households can take advantage of living in a country with one of the most competitive markets in the world. There are now 27 energy companies to choose from, meaning the lowest possible gas and electricity deals as these suppliers compete for business.
And we’ve been working with energy companies and Ofgem to make it simpler to switch. It only takes minutes to find out the best deals available and now you can complete your switch in only 17 days. I want to see this continue so that people look out for better deals and switch more readily.
We’re now at the halfway point of the Power to Switch campaign and it’s important we keep the momentum. There are millions of people who could really benefit from switching. I urge those who may not have switched before or have been on the same tariff for some time, to visit BeAnEnergyShopper.com.