Residents in Norfolk have been urged to sign up for a new scheme which could see them lower their energy bills through fixed prices.
The local authority is promoting the initiative, called Big Switch and Save, under which gas and electricity suppliers take part in a reverse auction, offering the lowest price they can to those who are looking to switch.
It could result in a number of people switching to more suitable tariffs and saving money.
Fuel oil now included in scheme
For the first time, the scheme will also include fuel oil along with gas and electricity. This is a big move for West Norfolk, given that some 25% of people in the region still use fuel oil, due to the prevalence of more rural homes in the area.
Residents have been informed that they have until October 11th to sign up by phone, or October 15th online, before the auction takes place on October 16th.
So far more than 700 residents have signed up to register their interest.
Residents have ‘nothing to lose’
Adrian Lawrence, the borough council’s cabinet member for community, said he was looking forward to seeing what effect this initiative has on energy bills, after similar schemes successfully launched in other areas.
He urged people to sign up, saying they have nothing to lose by simply registering their interest in the scheme at the current time.
“Bigger numbers of prospective switchers may help to secure better deals from the suppliers, so I’d urge people to register,” Lawrence explained, before adding that there is a chance for “real savings” to be made across the region.