Commenting on the latest figures from Energy UK, which show a 10% year-on-year electricity switching increase for July, uSwitch.com energy expert Rik Smith said:
“This is a significant increase in switching levels, driven by the huge number of fixed deals which came to an end in July this year after energy suppliers announced a string of price rises during the summer of 2018.
“As 64 fixed deals expired, households were determined to avoid a £96 million price increase by being rolled onto poor value standard deals. Instead people shopped around in their droves, proving once again that energy customers cannot be taken for granted by their suppliers.
“But if you received a message from your supplier saying your plan was ending and then heard that the price cap level was going down, don’t be caught out. You can find tariffs over £300 a year cheaper than the maximum allowed under the energy price cap, by spending just a few minutes shopping around.”
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Uswitch is the UK’s top comparison website for home services switching. Launched in September 2000, we help consumers save money on their gas, electricity, broadband, mobile, TV, and financial services products and get more of what matters to them. Last year we saved consumers over £373 million on their energy bills alone.
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