July 13, 2015
The Competition and Markets Authority (CMA) recently reported that the UK Big Six Energy Suppliers have ‘overcharged’ millions of customers by £1.2bn between 2009 and 2013.
The CMA was shocked at the wide variation in prices that customers pay to heat their homes. The Competition and Markets Authority stated that on average a household could save up to £160 a year if they changed tariffs and switched to a cheaper deal.
When was the last time you switched & saved £100’s a year?
The CMA found from a survey they ran for their investigation, that more than the majority of customers asked did not even know they could switch tariffs or suppliers. They found that other customers are also unlikely to switch from their established provider, due to loyalty from being with one energy supplier for numerous years.
Consumers must take note of these recent findings and take action in reducing their own fuel bills. We must increase competition in the energy markets and take it upon ourselves to switch energy suppliers. If you are apprehensive about switching, then let’s do it together! Twice a year we invite householders in Merseyside to switch together.
The Collective Switch gives us confidence in switching, as we Switch Together, Save Together. Switching in numbers attracts great offers from energy companies and in the past and household residents that have signed up saved up to £400! Compare now using our independent comparison site and see how much you could save.
If you would like to find out more about switching before you make your comparison, call the Save Energy Advice Line on 0800 043 0151.