Millions saved in one month as switching energy supplier rockets

More than £38 million was saved by 130,000 households switching energy supplier - in just one month of the ‘Power to Switch’ campaign.

Compared with the same period the previous year, the figures, provided by Ofgem accredited price comparison sites, also show:

193% increase in total savings

Average saving of £312 for dual fuel switches – an increase of nearly 60%

80% increase in the number of households who switched

The Department of Energy & Climate Change ‘Power to Switch’ campaign encouraged people to switch and save by visiting BeAnEnergyShopper.com – generating more than 350,000 visits.

Wrapping up the campaign, Energy and Climate Change Secretary, Ed Davey, said: Our campaign has helped put millions of pounds back in people’s pockets – and thousands have benefitted.

A huge increase in switching in a four week period shows that people want better deals from energy providers – and our reforms to the market have driven competition and made that possible.

Energy and Climate Change Minister, Amber Rudd, said: What a terrific response to our campaign – thousands are better off and taking advantage of more competitive deals on the market.

It’s not too late – even more people can still switch and save today.

The government’s programme of energy market reform includes:

Halving switching times – it now takes only 17 days to switch energy supplier down from five weeks last year

Encouraging new suppliers on to the market – there are now 21 independent suppliers

Legislating to back Ofgem reforms that force energy companies to make energy bills clearer – and providing information for customers about how to switch

Electricity switching figures covering the campaign period will be published by Energy UK in April and May.

For more information about how to switch energy supplier, visit BeAnEnergyShopper.com.