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Daily Bulletin

Issue 2929

Policy

Cory Varney Writer

Switching figures hit milestone Data published by Energy UK has confirmed that more than 0.5mn consumers (536,658) switched electricity supplier in March, an increase of 13% on March 2016. This takes switching in 2017 to over 1.3mn consumers. Consumers switching from larger to small and mid-tier suppliers represented over a quarter (27%) of all switches in March, reaching just over 145,000. Lawrence Slade, Chief Executive of Energy UK said: “1.3m consumers switching already this year is further demonstration of competition in action in the retail market. Competition is driving up standards, innovation and investment as suppliers compete to keep and attract new customers.” Energy ...

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