How Much May I save If I Switch Energy Suppliers Now?

11-11-2019By Admin

Comparing and switching are the best ways to save money on your energy bills. Be it your household energy or macro or micro business energy you always want to save money on your energy bills in an effective way. You even want to avail of the best deals at lower prices. We Switch Ez will guide you in this process.

Approximately £400 a year can be saved on household energy by switching your energy supplier. From October 1, 2019 Version 3 of the energy price has reduced energy bills by £75 for a household still stuck on rip –off standard tariff. According to Ofgem the Level of the prepayment meter cap has fallen by £25 for around 4 million customers after its methodology is brought into line with the default price cap. The caps will protect around 15 million people from getting overcharged by their suppliers. Despite the price cut on energy, consumers can save more £324 a year by switching their supplier differently. With the price cut on energy and switching one can save up to £369 a year.

 

As stated by Ofgem, there are still 11 million consumers approx on standard default tariffs. Each of them has already lost out £214 since the energy price cap came into action on 1 January 2019. They will lose an additional £33 a month again waiting for their bills to fall.

So as suggested don’t stick to your previous supplier. Visit Switch Ez and compare and get the best deal for yourself and save energy and money in an effective way.

According to Ofgem, there are still 11 million customers on standard default tariffs. Each of them has already each lost out £214 since the energy price cap came into effect on 1 January 2019. They will each lose an additional £33 a month waiting for their bills to fall. Once the new cap comes into effect on 1 October 2019, they will then continue to lose a further £27 a month thereafter.

If you are reading this, we hope you are not one of those 11 million. If you are, hopefully, you now know what to do.

Visit Switch EZ, compare and enjoy hustle free switch in minutes.