Skip to main content
Observer Ethical awards Winners 2011

YouGen Blog

SWITCH your energy supplier if you do not like it!

Posted by Gabby Mallett on 7 February 2017 at 11:50 am

I could have written a blog here where I spent the majority of my time damning the big six energy suppliers and their price increases, but that wouldn’t be news to you. Some of the major suppliers are sneaking out little increases (EDF), others (npower) are going a bit further. The rise announced by npower, 15% for electricity and 4.8% for gas, is pretty staggering and is likely to add about £109 to the average bill.

So why don’t people switch? I know I keep on about it, but I just got a lovely email from my supplier saying that they are ‘committed to keeping our renewable energy affordable. We can confirm we will not be increasing our prices for the rest of this winter. And we don't have any plans to increase them after then, either’. And why did I switch to them in the first place, well they do 100% renewable energy, but also because they were CHEAPER!

I understand that people are generally worried about what could go wrong with switching supplier, but really there are very few cases where this happens. Usually someone choses to switch and it happens pretty seamlessly over a period of a couple of weeks.

So this blog is written more as a call to arms. If you are an npower customer why don’t you go on to a switching site and see how much better a deal you could get by switching. You can post the results here if you want, but the most important thing is that we don’t keep letting these big six suppliers hold us to ransom just because they know we aren’t going to do anything about it.

npower apparently have 1.4 million customers.  I wonder what would happen if they lost just 10% of them to their competitors? That’s 140,000 families getting a better deal elsewhere. If each of those families was paying the average £1,066 (see below) a year for their gas and elec that would be a loss of £1.49billion. I think npower, and the others, might take some notice of us then.

If you are thinking of switching, or you want to know how much profit energy companies make from domestic customers then check out the Ofgem figures below. You'll remember David Cameron saying he wanted to get rid of all the 'green crap'. You can see how little difference this environmental and social obligation makes to our bills below.

The above graphic is from a very useful infographic published by Ofgem. Here we learn that :

  • There are 48 active energy suppliers in the UK market.
  • Whilst the average variable dual fuel tariff is £1,066, the cheapest available tariff is around £870 for a year.
  • 46% of switchers are moving to small and medium suppliers for dual fuel deals

So, let’s get on with it and start a switching revolution.

 

Also see:
I switched energy supplier and saved
Was switching my energy supplier worth it?
 

More information about Energy Saving and Renewable Energy on YouGen.

Find an installer

Need help with any Jargon?

 

If you have a question about anything in the above blog, please ask it in the comments section below.

Like this blog? Keep up to date with our free monthly newsletter

Comments

1 comments - read them below or add one

richmc

richmcComment left on: 28 February 2017 at 5:31 pm

Too right, and as most of the big six are Europian owned those profits will go sailing accross the channel, if your power company is owned by the Germans, French or Spanish you OWE it to GB to switch! the only two British owned of the big six are SSE and British Gas.

Even so you can support the little guys with green credentials, I switched to Green Energy, they are a great little company their web site is fun, their energy is green sourced and for me the cheapest option.

I have Solar PV, a PV diverter and a Wattstor battery system, so am a low enough consumer to warrent a zero standing charge tarrif.

So come on everey one it's time to vote with your feet, it's time to stop getting ripped off by our wonderful EU neighbours.

report abuse

Leave a comment

You must log in to make a comment. If you haven't already registered, please sign up as a company or an individual, then come back and have your say.