Why Switch Energy Suppliers?

Will I really save that much money by switching energy suppliers or is it more hassle than it’s worth?

One sure fire way to get someones attention is to tell them that you can help them to save money. People’s normal response to this is ‘whats the catch’ or ‘whats involved’ ? When it comes to switching your gas and electricity supplier most people are aware that there are better deals on the market but there is also often a certain amount of inertia which seems to be rooted in the common misconception that switching is a complicated process.

This attitude is not helped by the constant prices rises, price cuts and general confusion in the marketplace that seems to start each autumn and continue right through until spring. This moving of the proverbial goalposts makes many people question whether they have made the right choice or excacerbates the problem of people simply not knowing who to switch to let alone how to switch energy provider with the least amount of disruption.

Having said this, it seems that more people are starting to catch on that it really isn’t as difficult as you may imagine. Industry regulator Ofgem reckons that approximately 50% of the UK’s twenty two million gas customers have actually switched supplier following the deregulation which occured in 1998. Whilst this is testament to peoples awareness and willingness to change suppliers we would doubt whether the remaining eleven million customers have not yet switched due to being genuinely happy with their present supplier. Like anything, its a process of education which is why we at Energy-Info aim to simplify not only the choice’s available but also the processes involved in switching.

Consumers should choose their first ‘switch’ carefully as industry experts have calculated that the first time you change suppliers the biggest savings apply, often in the region of one hundred pounds or more. Subsequent changes of supplier can also facilitate further cost savings but these are less likely to be as substantial as the first time you change – therefore, its important to do your homework and make the right choice from day one!