Who’s affected this month?
We’ve drawn out the energy tariffs that will be ending October 2018, so if yours is one of the 56 on the list, you might want to take the opportunity to find a new deal that could save you money.
While we know that some of you can be put off switching energy providers, many of you have already discovered that it can be worth it and have benefited from some amazing energy deals.
So what kind of savings can be made with these switches? Some of the figures might surprise you. Customers who switched with us in September 2018 to our Bulb Vari-Fair tariff made an average saving of £253.66. While not everyone might be able to find such a saving, you’ve nothing to lose by having a look.
The Big Six
Over the past few months, we’ve seen people leaving the Big Six in large numbers. That trend has continued into September, with 22.55% of you switching and finding greater savings elsewhere.
While some of you did decide to move over to one of the Big Six, that number was only 17.66%. Recent reports in the press around energy price hikes have resulted in customers considering other options.
It’s worth noting that our five most popular tariffs in September were all from the Big Six, who offered some strong, limited-time deals. In contrast, though, our highest saving tariffs came from the smaller suppliers.
Great deals can be found everywhere, so it’s always a good idea to compare all types of suppliers to find one that meets your needs.
Who has the most to gain?
Last month, those of you aged under 21 saved the most money by switching suppliers, with an average saving of £172.08. Coming in a relatively close second were customers in the 40-49 age bracket, with an average saving of £152.71. With the lowest saving working out at £119.10 for 25-29 year olds, there are savings to be made whatever your age.
And no matter where you live, regional savings start from an average of £125, so it really could pay to compare.