Level of UK energy users switching energy suppliers at three year high


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* Between 1 Jan 2018 and 30 Jun 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £482 or more.

UK energy users have switched energy suppliers at a level not seen for more than three years according to new research.

With energy bills sky-rocketing, consumers have opted to vote with their feet with many seeking out competitors outside of the so-called 'Big Six' offering better deals.

The study by Energy UK, the representative of the country's energy suppliers, found more than 614,000 consumers switched suppliers last month alone: The highest the figure has been for more than three years and double the figure from October.

Out of that figure, an estimated 125,000 switched to firms outside the 'Big Six' suppliers of SSE, Scottish Power, npower, British Gas, E.On and EDF.

The data also showed the average time it takes to switch to a different supplier also reached a 14 month low with a figure of 17 days.

In just six years, the average UK homeowner has now seen their energy bills soar on average by more than 30%, with the energy companies firmly placing the blame on the cost of the commodity itself, transfer costs and a range of government green levies.

The energy firms blame these levies for a number of extra costs which force them to carry out home improvement work in order to improve energy efficiency at the country's poorest households and following the government's Autumn Statement, a lot of these schemes, including the Energy Company Obligation are set to have new, more relaxed deadlines.

Consumers who switch to a different energy provider could save up to £200 on their energy bills and Energy UK launched a YouTube campaign earlier this year to raise awareness of how easy switching suppliers could be, and also to bust a few myths on the matter.

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