EnergyDrive - Save Money On Your Energy Bills
One of the largest bills we have today is our energy usage.
A new price cap is coming in for the 11 million people on default poor value tarriffs from January 2019, introduced by Ofgem. This will save typical customers £76 a year on average.
Ofgem also say that households protected by the cap will be able to save even more money by shopping around for a better deal.
In the busy lives we lead it can be a real hassle to search around for a better price every year just like our car or house insurance. In fact this is what the wholesalers hope and wish for; that once you change you won’t switch again. Well that’s all changed now.
switches of energy supplier in 2017 – a record (Independent)
of energy supplier in December 2017 (Independent)
per year by people who don’t switch suppliers
is how far the UK’s gas pipes would wrap (British Gas)
'Big Six' suppliers
Provide gas and electricity to over 50 million homes and businesses across the UK.
A growing number of smaller independent suppliers have been entering the UK market.
Note that OVO Energy bought the retail business of SSE Energy Services in September 2019, making it one of the ‘big six’.
Growing number of energy suppliers
According to the Citizens Advice Bureau the number of new energy suppliers established each year has increased alomost five-fold.
The box below shows some information on auto-switching of energy suppliers. Hover over it and it will show you some arguments for keeping control of this yourself. Click the button on the back to see YouDrive’s view!
Citizens Advice allow you to compare gas and electricity prices – just enter your postcode
An article on the number of people switching from the Guardian
Ofgem offer help on how to switch energy supplier
Citizens Advice information on your energy
Derbyshire local authority’s view on how to switch
Ofgem have a great infographic showing energy bills, prices and profits