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MSE News: Energy switching hits nine-year high...
MSE_Andrew
Posts: 174 MSE Staff
in Energy
More than five million customers switched their energy deals last year and over half moved to smaller suppliers, according to the latest data...
Read the full story:
'Energy switching hits nine-year high as consumers flood to smaller suppliers'
Click reply below to discuss. If you haven't already, join the forum to reply.
'Energy switching hits nine-year high as consumers flood to smaller suppliers'
Click reply below to discuss. If you haven't already, join the forum to reply.
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MSE_Andrew wrote: »More than five million customers switched their energy deals last year and over half moved to smaller suppliers, according to the latest data...Read the full story:
'Energy switching hits nine-year high as consumers flood to smaller suppliers'
Click reply below to discuss. If you haven't already, join the forum to reply.
The unanswered questions are:
1. Does a consumer that switches to separate suppliers count as 2 switches or one?
2. If a consumer switches 4 times in a year, does this count as one switch or 4?
I suspect that I already know the answer.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
1. They have a graph on there which separates out the gas and electricity switches. It looks like they have taken the number of electricity switches and used the for their headline figure assuming (probably correctly) that most people will be switch both to the same supplier, if they have both gas and electricity.
2. 4, surely? Though the numbers who switch more than once a year probably make up no more than a rounding error so I would wager their 'more than five million customers' claim is still correct.0 -
Hengus - point 4 of the notes to editors section in the article on the Ofgem website answers your questions which ties in with what Wilt has stated above.0
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