{"id":53952,"date":"2015-02-16T12:52:00","date_gmt":"2015-02-16T12:52:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=20566dcaececc898a7da676ea3b071f1"},"modified":"2015-02-16T12:52:00","modified_gmt":"2015-02-16T12:52:00","slug":"press-release-switch-to-save-2-7-billion-up-for-grabs-by-switching-energy-supplier-2","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=53952","title":{"rendered":"Press release: Switch to save – \u00a32.7 billion up for grabs by switching energy supplier"},"content":{"rendered":"
\n

650,000 households across Wales are missing out on their share of \u00a32.7 billion by sticking with their energy company.<\/p>\n

By shopping around and taking advantage of the best energy deals on the market, millions of people can save around \u00a3200 \u2013 representing a potential saving of \u00a3130 million off bills.<\/p>\n

The \u2018Power to Switch\u2019 campaign, launched today, encourages people to switch supplier and save money by visiting www.BeAnEnergyShopper.com. <\/p>\n

With 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

Launching the campaign, Energy and Climate Change Secretary Ed Davey said:<\/h3>\n
\n

When it comes to switching, the power is in people\u2019s hands to get a better deal and save.<\/p>\n

We\u2019ve reformed the market so that there are more suppliers, more competition, and a much faster and simpler process to switch.<\/p>\n

That means millions of people can switch supplier and save hundreds of pounds today.<\/p>\n<\/blockquote>\n

Wales Office Minister Baroness Randerson said:<\/h3>\n
\n

The \u2018Power to Switch\u2019 campaign is a great opportunity for people across Wales<\/p>\n

Simply by switching suppliers, people in Wales can keep more of their hard earned money and gain more financial stability.<\/p>\n

I would urge consumers to visit the website to see whether switching suppliers could save them money<\/p>\n<\/blockquote>\n

Energy and Climate Change Minister Amber Rudd said:<\/h3>\n
\n

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

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

The Government\u2019s programme of energy market reform includes:<\/h3>\n
    \n
  • Halving switching times – it now takes only 17 days to switch energy supplier down from 5 weeks last year<\/li>\n
  • Encouraging new suppliers on to the market \u2013 there are now 20 independent suppliers <\/li>\n
  • 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
  • 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<\/li>\n<\/ul>\n

    Martin Lewis, Money Saving Expert, said:<\/h3>\n
    \n

    We need to shout loud about the benefits of switching tariff.\u00a0Too many people think energy firms are \u2018all the same\u2019.\u00a0That\u2019s far from true, there are huge differences on both price and customer service.\u00a0<\/p>\n

    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.\u00a0Examine the figures and the ugly truth is very different.<\/p>\n

    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.\u00a0So 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

    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

    For more information about how to switch energy supplier visit www.BeAnEnergyShopper.com or call the Energy Saving Advice Service on 0300 123 1234.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    By shopping around and taking advantage of the best energy deals on the market, 650,000 households in Wales can save around \u00a3200<\/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\/53952"}],"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=53952"}],"version-history":[{"count":1,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/53952\/revisions"}],"predecessor-version":[{"id":53982,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/53952\/revisions\/53982"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}