Energy switching records highest spike

Energy supplier switching in Britain jumped 59% in October

Britain’s energy switching activity increased significantly last month.

According to the latest report by ElectraLink, the number of people switching their energy supplier soared by 59% in October compared to one month before.

Nearly 149,000 switches were completed last month – the highest monthly total of the year so far, analysts have said.

They attribute this increase to the mass contract expirations for non-domestic customers.

October last year was the last month before a series of supplier failures resulted in CoS dropping by almost three quarters.

It is estimated that the number of switches completed this year has surpassed one million.

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