For Suppliers – Why Become Signatory?
Membership to the Guarantee provides signatories recognition as well as a forum to strategize and review the industry-led switching standard.
Signatories regularly review the workings of Guarantee and in reaction to regulatory and industry developments to ensure that it spurs healthy competition and promotes best practice.
An improved switching process can reduce real or perceived switching costs and increase consumer engagement.
What our members are saying about the Guarantee
“EDF Energy is committed to providing fast and reliable switching to customers. Being a member of the Energy Switch Guarantee enables us to work with others in the industry to remove barriers to switching and improve customer satisfaction, helping deliver on the switch guarantee promise to offer safe, speedy and reliable switching.” EDF Energy
“At Octopus Energy, we’ve been enthusiastic signatories of the Energy Switch Guarantee for the past number of years. We believe it’s crucial to give consumers faith in the switching process and set important expectations for the service delivered when they change suppliers. In the future, we foresee the Energy Switch Guarantee to be fundamental in driving even higher standards.” Octopus Energy
Energy Switch Guarantee Trial Membership
The Energy Switch Guarantee has introduced a trial membership option designed to encourage small suppliers and new market entrants to join the scheme at the appropriate level. Trial membership is aimed at suppliers with low levels of leaving customers (<500) who are subsequently unable to display clear compliance with the KPIs on final bills and credit refunds in their application.
To join as trial members, the supplier must display compliance with all three KPI, whilst it will be understood that such fulfilment of KPI3a on final bills and KPI4a on credit refunds reflects compliance of limited evidence. Consequently, trial members will only receive two stars towards the customer guarantees element of the Citizens Advice energy supplier rating. They will also not be able to refer to themselves as ESG signatories in their communications with consumers until they have been awarded full membership status.
Full membership status can be achieved once the trial supplier is able to display compliance to all three KPIs for >500 leaving customers in a 3-month period.