Record numbers of people are switching to smaller suppliers

switching energy 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.

The figures are in – Eversmart are up to £400 cheaper than the competition!

energy savings

Big news from Eversmart HQ this week. According to the latest data from price comparison websites, switching to Eversmart Energy can knock up to £400 off your annual energy bill!

As every one of the ‘Big 6’ suppliers announced price increases earlier this year*, record numbers of people have been switching to independent providers like Eversmart, eager to find a better deal. With the help of the internet and price comparison sites, consumers are becoming savvier and more willing than ever to step away from the big suppliers.

According to the press, taking a chance on a smaller, modern energy company can have big rewards – just take a look at the table below, published by This Is Money earlier this month:

Energy price comparison table
Source: thisismoney.co.uk

Positive News

Eversmart Energy CEO Barney Cook was thrilled when he heard the news.

“The big 6 have been taking their customers for granted for far too long. Consumers are finally waking up and realising that their loyalty isn’t being rewarded, and we’re happy to step in and offer a better alternative. The news that we are £400 cheaper than some suppliers just goes to show that it pays to shop around and make the switch. We’re proud to be one of the best value energy providers in the country.”

Is it time for you to switch?

A typical household paying for dual-fuel on a standard variable tariff with one of the big 6 suppliers could save up to £400 per year by switching over to Eversmart.

It only takes 2 minutes to get a quote – you can get started here.