Helping you cut your energy bills
Interested in switching suppliers to save money on your energy bill? - registration for Ready to Switch's fifth collective energy switching scheme closed on 17 February 2014 but you can register for upcoming schemes.
Residents across Suffolk Coastal and Waveney could save money on their energy bills by linking up with their district council to join the UK’s largest collective energy switching scheme.
The simple scheme encourages householders to join up with others across the country to negotiate cheaper energy bills. Registration is easy and there is no obligation to actually sign up to any deal.
The scheme works by means of a reverse auction where energy suppliers will be invited to bid the lowest price to supply the energy to all those signed up for the scheme. Residents will then be sent a no-obligation offer to switch provider and accept their new energy rates.
Previous auctions have produced yearly average savings of up to £126 per household.
The initiative is set to be the largest of its kind in the UK, with councils coming together in response to rising energy prices and the increasing numbers of households finding themselves in fuel poverty.
The scheme is also the first in the UK to allow residents who use pre-payment meters to register.
Registration for Ready to Switch's fifth collective energy switching scheme closed on 17 February 2014 but you can register for upcoming schemes. Registration for the scheme is open to all domestic customers.
When you sign-up you will be asked for the name of your current energy supplier(s) and current tariff plan(s), your current consumption in kWh or spend - you will find these details of your energy suppliers bill or your annual statement.
The energy supplier with the best deal for the fifth collective energy switching scheme will be determined during an auction on 18 February 2014. If you signed-up on or before 17 February you will receive an email from 28 February 2014 with an offer, based on your usage and the best deal from the auction. You will have until 31 March 2014 to decide if you want to accept the offer.
Anyone who has any further questions about the scheme can call the freephone helpline number 0800 088 5007.
No access to the Internet or email?
You can register up to five households on the same email address. Why not help out a neighbour or friend who does not have access to the Internet or email, but wants to participate?