Energy Snapshots

Our monthly Energy Snapshot is designed to give you the low down on the best energy deals that we’ve found for our customers as well as showing you the average savings you could make if you were to switch today.

February 2017 Energy Snapshot

There’s so much in the press these days around electricity prices, gas prices, and the energy companies themselves, that it can become quite bewildering. We want to help you with some straightforward, easy to understand information, so here’s our Energy Snapshot for February 2017.

These include facts about how much our customers saved when they switched, who they switched from, and who they switched to, as well as the most popular tariffs that we offer at comparethemarket.com.

This isn’t a matter of opinion like much of what you read, this is the low down based on the actual experiences of our customers.

energy snapshot january

Top savings

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 may surprise you. Customers who switched with us in February 2017 to PFP Energy’s Fixed 2gether – October 2018 O18-3 Paperless made an average saving of £486.18! While not everyone might be able to find such a saving, you’ve nothing to lose by having a look.

We’ve also drawn out the energy deals that will be ending in March 2017 so if yours is on the list, you may want to take the opportunity to find a new deal that could make some savings.

The Big 6

Over the last year we’ve seen people tending to leave the Big 6 in greater numbers. There was no change in February 2017 as 34.64% of you switched from one of the Big 6 providers finding greater savings elsewhere, often with some of the smaller suppliers. Only 11.55% of you switched to the Big 6 this month, fewer than last month. It’s true that great deals can be found everywhere though, so it’s a good idea to compare to find the right one to meet your needs.  

Who has the most to gain?

Last month, those of you aged 50-64 years old saved the most money by switching suppliers, with an average saving of £324.81 for this age group. And those of you aged 40-49 came in close second with an average saving of £318.96 – but there are savings to be made whatever your age. It really could pay to compare.

 

Simple switching

So how can you find these amazing deals? We’ve made it simple. Our Snapt app allows you to quickly and easily compare energy tariffs based on your usage. Just scan the QR code on your latest bill and then you’ll be able to review the cheapest quotes we offer based on your previous usage.

Or for those of you who’d rather use traditional methods, you can compare energy tariffs here or by phone to help find a great deal for you.

So, what are you waiting for? If you’ve been with your energy company for over a year, you can almost certainly save money. Why not compare today and see if you could be part of the savings we report in next month’s snapshot!

Previous energy snapshots