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Households switching to small suppliers is on the up

Small suppliers gained 84,471 electricity accounts last month, which is a quarter of all switches for the period. The latest electricity switching data shows 335,826 households chose a new supplier in April 2015, which is up from the same period last year. This month’s figures have brought the number of switches up to over 1.2 million for the year to date.

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Switching when you owe is now easier

Ten companies have actively taken steps with Ofgem to make it simpler and easier for prepayment customers, who are in debt, to switch supplier, by making changes to how they operate the Debt Assignment Protocol (DAP). The changes will enable the customer’s switch to automatically proceed, even if they are in £500 debt per fuel, by transferring the debt to the new supplier.

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Switching soars again

Over 400,000 households switched electricity suppliers in March, an increase of over 100,000 from the previous month. This brings the number of switches for the first quarter up to 900,000. The latest electricity switching data shows 417,000 households chose a new supplier in March 2015. This is an increase of 57% from the same period last year. March saw 97,702 households choose a deal with a small supplier.

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Energy UK response to the APPG report on energy costs

The All Party Parliamentary Group has published a report on energy costs.  The guide provides information about the structure of Great Britain’s wholesale gas market and the level of competition in the market compared with those of other member states in the European Union.

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