Over 3.3 million switch energy supplier in 2016
Nearly 400,000 (376,511) households switched electricity supplier in September 2016. This is a 21 per cent increase compared to September 2015; and brings the total number of switches to over three million (3,377,317) so far this year.
Energy UK’s latest electricity switching data – released on Wednesday – also shows that over 70,000 customers switched to a smaller supplier last month. This is 19 per cent of all switches.
Lawrence Slade, chief executive of Energy UK, said:
“I urge everyone to spend a few minutes to make sure they are on the best deal before winter hits. Join millions of people that have already saved hundreds of pounds so far in 2016. Deals are coming to an end every month so don’t miss out on over 100 deals under £1,000.
“The energy market is more competitive than it has ever been. With over 40 suppliers in the market and with the Energy Switch Guarantee in place customers should reap the benefits.”
Notes to editors
- Further information about the Guarantee can be found by visiting www.energyswitchguarantee.com.
- Around 70 per cent of the market are signatories of the Guarantee. This includes: British Gas, Bulb Energy, E.ON, EDF Energy, First Utility, Flow Energy, npower, Octopus Energy, Sainsbury’s Energy and So Energy.
- To see the latest monthly switching stats, please visit Energy UK’s website.
- To find out more about switching and energy bills visit Ofgem’s ‘Be an Energy Shopper’ website.
- The switching data is supplied by Electralink who provides a secure service to transfer data between the electricity market participants. The company operates the Data Transfer Network (DTN) which underpins customer switching, meter interoperability and other business processes critical to a competitive electricity market.
- The switching data referenced in these reports is since our collection of data, comparing our overall data back to 2012 only.