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‘61% of Brits to switch suppliers after high bills’
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New analysis suggests this could collectively cost UK households more than £57 million a year compared to their current energy costs
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That’s a 10% increase compared to the same time in 2018
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More than four million consumers have switched so far in 2019, up 11% on the same time last year
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Ofgem says 30% of the 90,000 people, who had been on a default standard variable tariff for three years or more, switched to a different supplier
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Around 34% of the switches were from larger to small and mid-tier suppliers in July
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The organisation aims to enable faster switching, boost innovation and help the UK become more sustainable
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Look After My Bills is a free service that automatically switches energy consumers to a cheaper deal when their contract comes to an end
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More than 440,000 customers moved to a different power supplier last month
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More than 1,800 customers in the private rental market were unable to access their accounts and switch to cheaper tariffs
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Energy UK suggests half a million customer switches every month has become the ‘new normal’
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The figure is said to be significantly higher than those who have switched home insurance, broadband, telephone providers and banks
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The support provided will include energy efficiency advice, referrals to the Warm Home Discount Scheme, supplier switching advice as well as benefits checks
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