£200 can be saved by switching alone

The Energy Advice Line has welcomed the findings of a top-level probe that has found consumers can save around £200 a year by switching energy supplier.

But Julian Morgan, managing director of the price comparison, switching and advice service for energy users, said it was crucial for the government to work out why some consumers were failing to switch, thereby losing out on savings.

An analysis of energy bills by the Department of Energy & Climate Change’s (DECC) Domestic Fuel Enquiry has found that 13.5 million households in the UK are losing out on a total of £2.7 billion by staying loyal to their supplier.

What Happened at the Weekend

Saturday's news focused largley around the ongoing issues of domestic energy users being unaware of the amount they are able to save on their energy simply by switching their supplier. In particular, it's young people who aren't being savvy enough with their spending so awareness needs to be raised in order to help them save money. Sunday's news was all about the suppliers and how competitive their prices actually are.




Saturday 7th March

• Brits unaware of home’s energy efficiency
• We'll advertise rivals' energy deals, says First Utility (but only if they do too)
• Younger Brits fall behind on energy switching - save money on your bills

Sunday 8th March

• Ed Davey rejects ban on standard energy tariffs 
• Ex-BP boss aims to build major energy industry player from scratch 
• Big energy suppliers 'loss-leading', claims Ovo Energy

Don't forget that if you have any questions regarding your energy supply, or energy in general then feel free to get in touch:

• Visit energyadviceline.org.uk and chat with an advisor
• Find us on Twitter, Facebook and Google+ 
• Call us on 0800 915 1800 (Mon - Fri, 9am - 5:30pm)