Is it best to switch energy suppliers?

Is it best to switch energy suppliers?

author: Sarah Neate

By Sarah Neate

A new survey reveals that energy usage in the UK is rising, along with concerns over rising energy bills.


A poll conducted by TopCashback.co.uk in November 2020, showed 62% of customers are using more energy at home as a result of the pandemic. 30% said their energy bills have risen – with the average household spending around £960 a year.

On a positive note, almost nine in 10 people have switched energy providers to save money, with the average household saving £336 a year.

Of the 20% who haven't switched energy suppliers, almost a third (29%) said it was too confusing and too much trouble to switch.

Would you switch to a greener energy supplier?

While 85% of people who took part in the survey said they were worried about the environment, 36% of those would not switch to a greener supplier if it would cost them more.

However, 48% who switched last year ditched one of the Big Six energy suppliers to smaller, greener firms, such as Bulb and Octopus Energy.

People proved to be fairly energy conscious, with 50% of those polled switching off the heating at night. 68% of people reported they turned off the taps while brushing their teeth and 55% wash their clothes at a low temperature.

How does this impact me? Can I cut my energy costs?

If you want to reduce the amount you spend on your energy bills, you can:

  • visit energy regulator Ofgem for details on how to switch to a cheaper supplier. Your new provider will sort out the switch for you, which is usually completed in 21 days
  • pay your energy bills by direct debit.

For quick tips on saving energy, visit the Energy Saving Trust. You'll learn that turning your thermostat down could save you £60 a year, while turning off standby appliances at the plug could save you £35 annually.

Discover 5 easy ways to save on household bills.

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Is it best to switch energy suppliers? Is it best to switch energy suppliers?