Switch of energy supplier may be only way to lower costs

Between 1 July 2019 and 31 December 2019, at least 10% of people who switched energy supplier for both gas & electricity with Uswitch saved £479 or more.

An expert has warned of an uncertain future for those paying home energy bills.

The Utilities Regulator has ruled NIE must freeze its gas and electricity prices for the foreseeable future.

Iain Osborne of the body says it is a positive step and a "welcome outcome" for homes that use the gas and electricity provider.

"While today's announcement is good news for consumers, the future for electricity prices remains uncertain," Mr Osborne notes, which could further incentivise signing up with a cheap energy provider now.

Some people may find that by comparing electricity prices online, they are able to sign up with a new provider and benefit from lower bills, which could put them in a strong position should the market become volatile.

The Guardian this week reported five British universities have teamed up to launch the Transforming Energy Demand project, which will target teenagers in a bid to make lowering energy consumption an attractive proposition.

Posted by Jim Tidy

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