Number switching energy suppliers up 15% in 2015Could switching energy tariffs save you money?
22 February 2016
The number of people switching energy suppliers is at its highest level in four years, with 15% more households choosing to change in 2015 compared to the previous year, according to Ofgem.
The energy regulator says 6.1m households switched energy suppliers last year – 800,000 more than in 2014.
Are you tempted to see whether you would get a better deal by switching? Check out our independent comparison site Which? Switch to see how much you could save.
Save money by switching energy deals
Around 87% of you are still with the Big Six companies – British Gas, EDF Energy, Eon, Npower, Scottish Power and SSE - according to our survey of 8,902 people in October 2015. All of these energy companies have announced that they will be dropping gas prices by around 5% this year, which adds up to a saving of around £30 a year.
But our research reveals it's smaller energy companies that are offering the cheapest tariffs and keeping customers happier. Those who used our independent Which? Switch service saved an estimated average of £297 on their gas and electricity bill between 1 May and 31 August 2015.
If you're planning on switching soon, we've rounded up this month's top five cheapest deals.
Independent energy companies are best
Around 40% of the switches made last year were to independent suppliers. Smaller energy companies came out on top in our review of energy companies this year, with the Big Six lagging behind.
To determine the best and worst energy companies, we combined your views on customer service, value for money, and bills, with our analysis of each company’s policies and prices. You may be surprised at which ones made the grade to become Which? Recommended Providers.
To find out whether smaller energy companies are right for you, see our guide to independent providers.