400,000 UK households switched gas + electricity suppliers last month

Lawrence Slade, Chief Executive, Energy UK
Lawrence Slade

By DARA BUTTERFIELD

Over 400,000 households switched electricity suppliers in March – an increase of over 100,000 from the previous month – bringing the number of switches for the first quarter up to 900,000.

The latest electricity switching data, from Electralink, shows 417,000 households chose a new supplier in March 2015. This is an increase of 57% from the same period last year. March saw 97,702 households choose a deal with a small supplier.

Lawrence Slade, Chief Executive, Energy UK, said: “The substantial increase in the number of people switching electricity supplier is proof the industry is working. It is great to see customers looking around to find deals to suit them and there are more suppliers than ever to choose from.

“With a number of tariffs more than £100 cheaper than last year, I would urge customers to make sure they are on the best tariff for their household.”

March’s figures have shown an increased awareness triggered by falling prices, increased competition and the Government’s Power to Switch campaign.

 

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