Opting to switch energy supplier 'could bring down outgoings'

Compare tariffs and switch energy supplier in minutes

Compare energy deals and switch supplier to cut your energy bills by £447* a year - start saving money in a matter of minutes!

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jul 2018 and 31 Dec 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £447 or more.

Choosing to switch energy supplier could be one way that households bring down their expenditure in 2011.

Director of Informed Choice Martin Bamford said recent research from PricewaterhouseCoopers (PwC) has indicated those who rely heavily on credit cards to fund their expenditure may be in for a difficult year.

One way of potentially bringing down outgoings to free up more cash to pay off unsecured debt is to switch energy supplier and opt for a provider that offers improved rates.

Mr Bamford also advised setting a budget - something that the cost of utilities should be factored into - and noted doing so could be an "uncomfortable experience for some families".

Richard Thompson of PwC observed interest rates on borrowing could be set to rise by as much as three per cent over the next four years, meaning the average UK household would need a further £1,800 per year to cover interest payments.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more