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Summer switching figures soar

The number of energy customers switching has soared by 58 per cent since June 2014, reaching a record high.

More than 360,000 energy customers switched last month, a slight increase on the figures for May, and over two million customers have switched in the first half of the year – almost one million more than in the first six months of 2014.

The data from Energy UK also reveals that 120,115 customers switched to small and mid-tier suppliers in June, which is 33 per cent of all switches for the month.

Energy UK chief executive Lawrence Slade said: “It is great to see more and more customers shopping around over the summer months before winter hits. Over two million people have already switched supplier in 2016 and they have taken advantage of the fantastic deals offered by more than 40 suppliers.

“Since June 2014 the cheapest tariffs have fallen by over £200. There are now around 50 deals under £900 on offer. The new Energy Switch Guarantee – launched by the industry last month – has made it even easier for customers to switch.”

Energy UK reported that in 2015 a new record of around 3.8 million people switched energy supplier with figures so far this year suggesting that record could be beaten.