Is it always worth switching energy suppliers?
Sticking with the same supplier is rarely the way to get a good-value deal. Once your fixed deal ends, your supplier will often automatically move you to a standard variable rate tariff (SVR). These tend to be far more expensive, which is why it’s usually a good idea to switch.
But not all of us do. In fact, according to Ofgem, the energy regulator, nearly 60% of us fall back on our suppliers’ standard tariffs instead of switching. That means we could end up paying around £300 a year more than we need to.
Organising switching only takes a few minutes and is one of the easiest ways to save money.