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How does uSwitch calculate its savings messages?

How does uSwitch calculate its savings messages?

Around the site, you'll see that we use examples of the great savings you could make when you compare and switch with uSwitch.

We think these figures are a good indication of how much money you might be able to save - but because we're all different, you might find that your savings are less or maybe even more than the amounts we use in our examples.

We're transparent in everything we do, so you'll find details of how we calculated these savings in the table below.

Product Savings message How was the potential saving worked out?
Energy You could save up to £420 Between 1st July 2011 and 31st October 2011, at least 10% of people who switched energy supplier for both gas and electricity with uSwitch.com saved £420 or more.
Energy You could save an average of £230 Between 1st July 2011 and 31st October 2011, people who switched energy supplier for both gas and electricity with uSwitch.com saved an average of £230.
Car insurance 60% of car insurance customers save up to £200 Consumer Intelligence Research, December 2011.
Bundles You could save £321 Saving based on switching from separate broadband, phone and digital TV subscription services to a comparable bundle. Separate services assumes standard ongoing annual costs; bundle assumes first year cost. Information correct at 15th July 2011. Terms and conditions apply. The services used in this calculation may not be available in your area.
Credit cards You could save £668 by transferring your credit card Transferring a credit card balance of just over £2,000 with a typical APR of 17.9% and switching to the Barclaycard Platinum Extended Balance Transfer Visa card with 0% on balance transfers for 22 months.
Home insurance You could save up to £273 on your home insurance 10% of customers saved at least £273.03 against their renewal price (Jan 2011 - June 2011)
Energy Over 2 million people have saved money on their energy bills Based on the volume of transactions over the last 12 years (2000 - 2011)