Record numbers of people are switching to smaller suppliers

Almost half a million people switched electricity suppliers last month, with record numbers making the move away from a large supplier to a smaller independent company.

According to new figures released by Energy UK last week, 222,036 customers switched to a ‘mid-tier’ energy provider during the month of June – the highest number ever.

Breaking records

The number of switchers is up 19% compared to the same month in 2017. So far this year 2.7 million people have switched suppliers, compared to 2.6 million by the same point last year.

A record-breaking 5.5 million electricity customers have made the switch so far in 2018.

Confidence to switch

Research suggests that consumers are feeling more confident than ever when it comes to switching energy suppliers, with 9 out of 10 saying that they are happy with the process according to research from the Energy Switch Guarantee.

price comparison
Greater choice and the rise of price comparison websites have helped boost the number of people switching.

Eversmart have been encouraging consumers for years to walk away from the ‘Big 6’ suppliers and explore the cheaper alternatives out there.

Lawrence Slade, chief executive of Energy UK, seems to agree. He said:

“The record numbers switching to small and mid-tier suppliers show that more and more customers are taking advantage of the ever-growing competition and choice out there.”

“It only takes a few minutes to either check with your own supplier or to look at what’s on offer from nearly 70 competing suppliers in the market. With the Energy Switch Guarantee in place consumers should feel even more confident that switching will be simple, speedy and safe.”

Save up to £400 per year

Eversmart Energy entered the market in 2016 after new Ofgem regulations made it easier for smaller companies to compete with the Big 6.

A typical dual-fuel household can save up to £400 when they switch to us. You can get a quick energy quote here.

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