Cambridgeshire residents lose out by not switching energy suppliers
Residents across Cambridgeshire who have not switched their energy suppliers are potentially losing out on millions of pounds in savings, recent figures released by the Energy Saving Trust as part of the Big Energy Saving Week have been able to suggest.
According to industry regulator Ofgem, residents can save around £300 on their annual energy costs by moving from one supplier to another. However, the data from EST suggests that almost 150,000 householders across the county are on what it calls “Energy Autopilot”, a term that refers to people who believe they are on the cheapest energy tariff, but often are not.
Chief executive Philip Sellwood said: “Many bill payers in Cambridgeshire are missing out on substantial annual savings because they assume they are on the best tariff without actually checking.
“Prices fluctuate every year, so by not switching and being on ‘Energy Autopilot’, consumers may be sleepwalking towards having less money.”
The trust is working with Citizens Advice and the government to promote the benefits of switching providers during Big Energy Saving Week.
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