Wednesday, 18 February 2015

New campaign to help people save on energy bills by switching suppliers

Liberal Democrat Energy Secretary Ed Davey has launched a new campaign to help people save money on their energy bills.

The Power to Switch campaign encourages people to switch energy supplier and save money by visiting www.beanenergyshopper.com.

Across the UK 13.5m households are missing out on their share of £2.7bn by staying with their energy company.

By shopping around millions of people could save around £200 on their energy bills.

With 26 energy companies on the market and some fixed deals £100 cheaper than they were a year ago, Liberal Democrats are urging people to take a look at what's offer so that they can switch providers and save money.

Liberal Democrat Energy Secretary Ed Davey said:
"When it comes to switching, the power is in people’s hands to get a better deal and save. 
"We’ve reformed the market so that there are more suppliers, more competition, and a much faster and simpler process to switch. 
"That means millions of people can switch supplier and save hundreds of pounds today."
In government, Liberal Democrats have reformed the energy market.

It's now faster to switch energy suppliers than it was a year ago, with the process taking 17 days (down from 5 weeks).

There is now greater competition on the market with 20 independent suppliers.