Do you have reasons not to switch supplier?

Around half the UK households have switched away from Standard Energy Tariffs at any one time, but are there any reasons why you wouldn’t switch supplier?

How about:

1. You don’t really save any money when you switch supplier.
2. They are all the same.
3. I switched before but I ended up paying more.
4. I am happy with my current supplier.
5. I’m sick of seeing adverts about switching energy supplier.
6. I don’t have time.
7. I don’t understand it.

The reality:

1. Typical price for Standard energy is around £1200. When you switch to a cheaper online tariff you can get the same amount of energy for around £900.
2. As far as all suppliers being the same is concerned, many of the suppliers offer a cheaper tariff when you switch online. It’s not so much about the suppliers charging around the same price, this is more to do with the fact that all suppliers Standard Energy prices are all about the same. So it’s not the supplier that is the key to making savings, it’s a matter of choosing a lower priced tariff.

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3. If you ended up paying more when you switched to another supplier, did you do the comparisons yourself? Don’t rely on someone telling you that a certain supplier is the cheapest. If you switched through an energy sales person and you were paying £100 a month Direct Debit and they said they can do it for £70 a month this could leave you with a shortfall if the sales person was not being honest with you.
4. Great, if you are happy with your current supplier that is fine. However, your supplier will be so happy that you don’t want to switch supplier they will charge you the most.
5. We do seem to get a bit bogged down with seeing adverts for this that and the next thing. The thing about adverts is, they just tell you what they want to tell you. If you would like to see what you will really save when you switch supplier go through an OFGEM Accredited Comparison site. They have to follow strict rules about how they show you the savings.
6. In reality it takes about 20 minutes to get quotes and switch supplier. That 20 minutes can save you hundreds of pounds. We say 20 minutes because that gives you time to take it all in before you make the switch. It can actually be done in a couple of minutes if you rushed through it.
7. If you can’t get your head around all of this but would like to save money on your bills, we can help you with this. Ask us for help

The energy switching scandal

The scandal is, if you switch when a sales person advises they will put you on a better deal, they are doing this for their benefit, not yours.

The scandal is, if you don’t shop around for a better tariff yourself, your supplier will keep you on the most expensive tariff.

The scandal is, if you don’t take control of your own energy tariff, someone else will and it won’t be to your benefit.

The scandal is, online discounted energy tariffs are readily available and yet, only half of the households in the UK are taking advantage of this.