Surge In Energy Supplier Switches Continues Into October

Surge In Energy Supplier Switches Continues Into October

Energy UK has reported that over 600 000 customers switched energy supplier in October, bringing the current total to 4.5 million energy supplier switches. This is the second time this year we have seen monthly numbers in excess of 600 000. The report further shows that 32% moved to small- and mid-tier suppliers, whilst 33% moved to large companies.

Reporting on research showing the satisfaction of nine out of ten consumers in the switching process, Energy UK has posited that an increasing number of customers are finding they have the confidence to move suppliers. Chief Executive of Energy UK, Lawrence Slade, commented on the ease of switching, stating that there has “never been more competition or choice” within the market. Furthermore, the switching statistics do not include the number of customers who have checked tariffs with their existing supplier and benefited from savings.

If you haven’t discussed your energy tariff with your supplier or shopped the market for the best rates, you could be missing out on savings for your business. Join the 600 000 customers across the UK who have seen the advantages of moving suppliers in October. At Smarter Business, we know that getting quotes and negotiating rates can be a time-consuming hassle for many businesses. We are here to offer our energy procurement expertise to save your business time and money when it comes to energy. Contact us today to find out about how we can help your business.