The average saving made by Confused.com customers who switch their energy suppliers is £208[2]. However, if you've never switched before, it's possible that your saving will be even bigger!
Suppliers are always changing their tariffs and prices, so regardless of which company you're with you might still be able to save a substantial amount.
How often can I change suppliers?
You can change suppliers as often as you like. It might be an idea to check Confused.com periodically to make sure you're still getting a good deal.
Is it easy to switch suppliers? How many are doing it?
Around 5.1 million customers switched their gas and/or electricity suppliers in 2007[3] and 90% of them say switching is easy[4], according to independent OFGEM surveys carried out by MORI. "The number of customers switching ... shows that suppliers who don't offer competitive prices and good service will lose customers," said Alistair Buchanan, Ofgem's chief executive[5].
[back to top]
Notes:
[1] At least 20% of customers who switched gas and electricity with Confused.com between 1st December 2007 and 27th March 2008 saved at least £298.55.
[2] The average saving made by customers who switched energy suppliers between 1st January 2008 and 19th March 2008 was £208.58, based on 4,078 customers who provided an alternative price.
[3] According to Ofgem, 5.1 million households switched supplier in 2007 - which rose from 4.8 million during 2006, and 4.3 million in 2005.
[4] "Domestic Retail Market Report" by MORI on behalf of OFGEM (March 2006)
[5] Ofgem press release, April 2008
