Online energy tariff switching site uSwitch has said it is “disappointed” the Big Switch will only offer the cheapest prices to the “lucky few”.
Through the national collective buying scheme, Co-operative Energy will offer 30,000 of the people signed up an average of £123 saving on their bills.
Ann Robinson, Director of Consumer Policy at uSwitch said: “The Big Switch was a brave and bold move, but the outcome is disappointing. 280,000 people signed up, and yet the winning deal will only be offered to 30,000 on a first come, first served basis.
“This means that the lucky few will be leaving the process with a deal that is more expensive than the cheapest plan on the market, while those who get the fall back offer of EDF Energy’s Blue +Price Promise plan will be getting a tariff that is already readily available on the market and that they could have signed up to weeks ago.”
However she added it was “good news” the bid has gone to a smaller, new entrant supplier as this will help consumers see there are alternatives to the “Big Six” energy suppliers.