Wednesday 18 January 2017

Brits Fight The Price Rise Battle with 4.8 Million Switches in 2016



An ever increasing price rise scenario made its impact in the year 2016, which proved quite heavy for all energy bill payers. Energy suppliers blamed it on the increasing wholesale energy prices. However, customers made sure that things do not become worse as they made a record number of switches. Statistics suggest 4.8 million customers changed to better energy suppliers, a 26% rise in the number of switches compared to 2015.

It was observed in the last month of the year that the number of switches reached a big high with 449,921 people taking a plunge for a better supplier. This was a 33% increase when compared to December 2015. This is the call of the moment as more and more people want to save on their energy bills to improve their household spending.

Many customers switched to a smaller energy supplier and there is a consistent growth in the number of switches since THE past two years. One of the reasons behind this is the increasing energy prices as well as suggestions from experts, consumer groups and legal authorities that energy wastage would not be affordable for British citizens and saving their energy bills is the best way to cut down the overall household bill.

This can also be attributed to the constant effort by energy suppliers to gain consumer attention by offering cheaper tariffs and discount deals. There are several energy providers that offer lower energy prices and consumers need to compare energy tariffs and choose the one that suits them the most. Many a time, switching from the standard energy tariff to a cheaper deal from the same supplier also saves a lot of money.

The record number of switches is good news as it leads to healthier competition in the energy market. More and more suppliers offer lower tariffs to attract customers and thus, offer tariffs at lower prices. This way, the consumers get a much cheaper deal if they know how to shop around and find the best deal for themselves.

If you want help in shopping around and to choose the most affordable energy supplier then we can help you in getting the cheapest deals and biggest discounts. We are leading the market in comparing energy services across the UK and our services are absolutely free. To leverage our services, visit our website https://freepricecompare.com/home-energy/ or call our highly reliable team of energy comparison experts on 02034757476.

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