SCOTTISH households missed out on £300million of savings last year because they didn’t change their energy supplier.
Figures from OFGEM show that savings of around £300 this year are achievable just by switching, but a new Ipsos MORI survey from the Energy Saving Trust has found more than one million homes are on ‘energy autopilot’. Nearly 60 per cent of those non-switchers believe they’re on the cheapest energy tariff available, which is unlikely. And that’s despite only 30 per cent of all bill payers believing energy suppliers actively encourage customer loyalty.
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By contrast, we are more than twice as likely to change home insurer than we are energy provider – with 24 per cent of households having switched at least four times in the past 10 years.
The figures have been revealed ahead of Big Energy Saving Week, a UKwide campaign between the Energy Saving Trust, Citizens Advice, Citizens Advice Scotland and the Department for Business, Energy and Industrial Strategy (BEIS). Running from October 31 to 6 November 6, events will be held throughout the UK to offer advice on reducing energy costs and help people keep their homes warm ahead of winter.