Nearly one million (900,000) people who’ve never switched energy supplier could cover the cost of their Christmas borrowing by changing to a better deal.
New analysis from Citizens Advice shows that around 3.2 million people in Britain borrowed up to £150 to cover the cost of Christmas in 2018, almost 1 million of whom have never switched supplier.
Even with the introduction of the price cap earlier this year, people could still save over £150 by switching supplier – and potentially pay off their Christmas bills.
With ‘Blue Monday’ just gone and the credit card bills landing, people across Britain are being encouraged to check, switch and save as Big Energy Saving Week draws to a close.
Gillian Guy, Chief Executive of Citizens Advice, said “Switching energy supplier or tariff is often the easiest way to make big savings on your bills. Even with the price cap now in place it’s important to check that you’re getting the best deal.”
“As well as switching, it’s important that people know that extra grants and benefits may be available to them. These can help take the pressure off their finances and support them to make their homes more energy efficient.”
Claire Perry, Energy and Clean Growth Minister, said “This Big Energy Saving Week is the perfect opportunity to check your bills, use the price comparison tool by Citizens Advice to see if you can get a better deal and switch suppliers and save money. And of course, even if you don’t switch, you will now be protected from rip-off tariffs thanks to this Government’s energy price cap.”
Big Energy Saving Week (21-27 January 2019) is a national campaign run by Citizens Advice and the Department for Business, Energy and Industrial Strategy to help people cut their energy bills and get all the financial support they are entitled to.