The UK Energy Secretary today declared he wants more people to club together on energy buying.
Ed Davey’s comments came as hailed the “fantastic outcome” of the Big Switch, a group energy buying scheme which it is claimed could save its members a total of £25 million on bills.
More than 280,000 people signed up to the UK’s first nationwide collective switch, which was launched by Which? and 38 Degrees in February.
Today they revealed Co-operative Energy will offer 30,000 of these customers a cheaper deal on their energy. Others in the scheme will be offered the next best deal from EDF Energy.
The Energy Secretary said: “This is a fantastic outcome for the Big Switch. As a longstanding proponent of collective purchasing, I am really pleased to see the concept being made a reality in the UK and on such a scale. It’s a very encouraging outcome for collective switching in the UK energy market.”
Mr Davey said he now wants to see more schemes helping consumers to club together on bills.