The deadline for accepting offers or for residents to seek a new quote is November 29. Now’s a good time to consider switching as energy watchdog Ofgem has noted that wholesale prices for delivery are about 20% higher in September than compared to the start of the year
Changing energy providers often saves money but this can be complex with multiple suppliers and tariffs to choose from. Most people stick with their supplier rather than switching to a cheaper one.
West Somerset Council is working in partnership with iChoosr to offer residents the opportunity to switch fuel providers easily to save money and tackle fuel poverty.
Energy companies are invited to bid their best tariff based on the number of people who have registered an interest. After the closing date, those who have registered receive a personal offer and can decide whether to switch. It is free to take part and there is no obligation to switch.
The latest auction has already taken place and 133 households in West Somerset have already switched. Across the country the households on standard variable tariffs who registered for the collective switch can save an average of £240.
Thanks to the great deal secured through collective action, West Somerset residents can still register online. They will get an instant offer and so can see what the potential saving would be. For more info or to get a quote go to the website: www.westsomersetonline.gov.uk/energyswitch
Those on pre-payment meters can also switch, as long as they are not more than £500 in debt with their current supplier.
How does the scheme work?
The person responsible for the energy bill registers - details needed will be on the annual fuel statement or recent set of fuel bills. When registration closes the energy companies are asked to make their best offer. The lowest offer wins.
The details of the offer are sent to each person who has registered along with an option to switch to the deal offered.
The contract offered will be with the winning supplier, for a minimum of 12 months, at a fixed rate. Residents are able to switch away from their tariff within the 12 months if they want to – as with any other tariff. If this is in the last 30 days then this usually doesn’t incur an exit fee. However if they wanted to switch away sooner then they may be subject to an exit fee. This is the same as all fixed term contracts
Debbie Rundle, on behalf of West Somerset Council,01984 635280 or 01823 356407 email email@example.com