UK Energy the trade association for the energy industry has reported that over three million people have now switched energy supplier, that's up 14% on last year.
With over 50 energy suppliers to choose form with new innovative deals on offer and price increases have seen record numbers switch energy supplier.
A third of all transfers were from large companies to smaller companies reflecting potentially greater value for money and the fact that people are just fed up with their existing larger supplier such as, British Gas, EDF, Scottish Power, E.ON and SSE, that they have been with for years.
Gas and electricity prices have risen faster than inflation for years and with the latest hike in electricity prices by British Gas hopefully will prompt more people to switch energy supplier.
We are generally very good at shopping around to compare car insurance and get home insurance quotes often switching insurance for just a few pounds and yet you can save hundreds of pounds by switching your gas and electricity supplier.
Don't put it off compare the best energy deals and switch energy supplier today.
There are plenty of comparison websites to switch; Moneysupermarket, Confused, Comparethemarket, Uswitch and of course our site at Over50choices. All offering the same main deals but some of the larger comparison sites have special deals, so take care when comparing that you compare the whole market and not just the energy deals they want to show you.
Uswitch one of the main energy comparison sites has predicted that dual fuel tariffs will increase between 7% to 10% this year.
I am always amazed why so few people switch suppliers, in fact 70% of people have never switched. I can only speak from experience and say that we have changed supplier several times in the last few years, sometimes a variable deal and others a fixed offer. It only takes 5 minutes of your time once you have your current energy bills too hand.
Once you have pressed the button to do the deal everything is taken care of for you, so you can sit back and wait for it all to go through usually within 4 to 6 weeks.
It doesn't matter with you are a low or high user of gas and electricity there are savings to be made no matter how much energy you use or whether you live in rented or your own property.
You may have read last week that as a result of the British Gas increase in electricity prices that the government has commissioned a review to look at how the energy market sets its retail prices, but I wouldn't hold my breath that anything will change as a result!