July’s energy switching rates hit three-year low

Around 453,000 energy switches were recorded last month, according to the latest ElectraLink report

Big Zero Report 2022

Energy supplier switching in July hit a three-year low.

That’s according to the latest report by ElectraLink, which estimates that around 453,000 energy switches were recorded last month.

That is almost 16% less than July last year and the lowest July since 2018.

The analysis also notes that the six-month average has not hit a new high since summer 2019.

ElectraLink estimates that so far this year, nearly 3.4 million changes of supplier have occurred.

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