{"id":53935,"date":"2015-02-16T00:15:04","date_gmt":"2015-02-16T00:15:04","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=e46614892f6eff172a2823c288fc70da"},"modified":"2015-02-16T00:15:04","modified_gmt":"2015-02-16T00:15:04","slug":"press-release-switch-to-save-2-7-billion-up-for-grabs-by-switching-energy-supplier","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=53935","title":{"rendered":"Press release: Switch to save &#8211; \u00a32.7 billion up for grabs by switching energy supplier"},"content":{"rendered":"<div class=\"govspeak\">\n<p>13.5 million households across the UK are missing out on their share of \u00a32.7 billion by sticking with their energy company.<br \/>\nBy shopping around and taking advantage of the best energy deals on the market, millions of people can save around \u00a3200 &#8211; and some can save even more. <\/p>\n<p>The \u2018Power to Switch\u2019 campaign, launched today, encourages people to switch supplier and save money by visiting <a rel=\"external\" href=\"http:\/\/www.beanenergyshopper.com\">www.BeAnEnergyShopper.com<\/a>.<br \/>\nWith 26 energy companies on the market and some fixed deals \u00a3100 cheaper than they were a year ago, there\u2019s never been a better time to find a great deal, switch and save. <\/p>\n<p>Launching the campaign, Energy and Climate Change Secretary Ed Davey said:<\/p>\n<blockquote>\n<p>When it comes to switching, the power is in people\u2019s hands to get a better deal and save.<\/p>\n<p class=\"last-child\">We\u2019ve reformed the market so that there are more suppliers, more competition, and a much faster and simpler process to switch. That means millions of people can switch supplier and save hundreds of pounds today.<\/p>\n<\/blockquote>\n<p>Energy and Climate Change Minister Amber Rudd said:<\/p>\n<blockquote>\n<p>We\u2019ve already taken \u00a350 off bills and now we\u2019re urging people to take advantage of the most competitive energy market we\u2019ve ever had to save hundreds of pounds.<\/p>\n<p class=\"last-child\">With Ofgem\u2019s strengthened Confidence Code for price comparison sites, people will be able to have greater confidence than ever before that by switching, they\u2019ll see real savings.<\/p>\n<\/blockquote>\n<p>The Government\u2019s programme of energy market reform includes:<\/p>\n<ul>\n<li>Halving switching times &#8211; it now takes only 17 days to switch energy supplier down from 5 weeks last year;<\/li>\n<li>Encouraging new suppliers on to the market \u2013 there are now 20 independent suppliers;<\/li>\n<li>Legislating to back Ofgem reforms that force energy companies to make energy bills clearer \u2013 and providing information for customers about how to switch.<\/li>\n<\/ul>\n<p>Ofgem has recently strengthened its Confidence Code for price comparison websites, setting tighter standards on how tariffs are displayed with websites given until the end of March to comply.<\/p>\n<p>Martin Lewis, Money Saving Expert, said:<\/p>\n<blockquote>\n<p>We need to shout loud about the benefits of switching tariff. Too many people think energy firms are \u2018all the same\u2019. That\u2019s far from true, there are huge differences on both price and customer service.<\/p>\n<p>The worry is that news of recent price cuts, even though they were paltry, will have given many false confidence that they\u2019re on a decent deal. Examine the figures and the ugly truth is very different.<\/p>\n<p class=\"last-child\">Even after price cuts, someone on a Big 6 supplier standard tariff with typical use will pay \u00a31,158 a year, whereas switch to the cheapest tariff and they\u2019d pay just over \u00a3900 a year. So it\u2019s worth people taking 10 minutes to see if they can save themselves \u00a3250 \u2015 at an hourly rate of \u00a31,500 if someone else was offering this to you as work, would you turn it down?<\/p>\n<\/blockquote>\n<p>The \u2018Power to Switch\u2019 campaign will run for four weeks and will include national, regional and online advertising, encouraging people to switch and save.<\/p>\n<div class=\"call-to-action\">\n<p>For more information about how to switch energy supplier visit <a rel=\"external\" href=\"http:\/\/www.beanenergyshopper.com\">www.BeAnEnergyShopper.com<\/a> or call the Energy Saving Advice Service on 0300 123 1234.<\/p>\n<\/div>\n<h2 id=\"notes-to-editors\">Notes to editors:<\/h2>\n<ul>\n<li>The \u00a32.7 billon is based on analysis of 2014 energy bills collected from DECC\u2019s Domestic Fuel Inquiry, which collects information on customer numbers by tariff.  This data was compared with that from switching sites to find cheapest possible deal. For a full description of the analysis please visit <a href=\"https:\/\/www.gov.uk\/government\/publications\/household-energy-savings-through-switching-supporting-evidence\">gov.uk\/switchingevidence<\/a>. As a potential savings figure it is subject to market fluctuation and refers to dual fuel customers only. It is not a target for the four week \u2018Power to Switch\u2019 campaign.<\/li>\n<li>\u2018Power to Switch\u2019 runs in England, Scotland and Wales. Advertising begins on Thursday 19 February.<\/li>\n<li>For energy saving advice, customers should call the Energy Saving Advice Service on 0300 123 1234. If you\u2019re based in Scotland, you can contact Home Energy Scotland on 0808 808 2282.<\/li>\n<li>8 of the 11 price comparison websites accredited under Ofgem\u2019s Confidence Code have already made the changes required under the strengthened Code.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By shopping around and taking advantage of the best energy deals on the market, millions of people can save around \u00a3200 &#8211; and some can save even more.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/53935"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53935"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/53935\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}