Flick the switch and start saving on your energy bills

What should I do about the energy market crisis?

The UK has been shaken by the recent news of the energy market crisis. The crisis first started when the wholesale prices of gas have exploded over the summer of 2021. It was then further amplified by the consequences of the Ukrainian war and the stress caused by Western sanctions on Russian gas and petro suppliers. Many suppliers have gone bust and customers are facing record high bills. The best that you can do is to stay up to date with the latest news about the crisis and find out if you supplier is going bust. We have consolidated everything that you need to know in our energy market crisis page that is updated daily.

What should I do if my energy supplier goes bust?

In case of your supplier going bust, you will still be provided with gas and electricity. Ofgem will quickly transition you to another supplier and you will be contacted with further information and instructions about your account, outstanding bills or credits. You do not have to do anything during the process of moving to the new supplier. It is recommended to take a meter reading for future reference and a note of your account balance.

Because you can trust us.

Remember when your mum said never to compare yourself to others? Well, we aren’t going to say that your mum was wrong, but what we are trying to say is that you should compare your energy supplier to others. In the case of Switch Plan, comparing energy suppliers is at the essence of what we do. We will inform you on what to look out for, who are the cheapest suppliers in your area, and who the process of switching energy suppliers works once you have compared plans.

Furthermore, we provide our customers with a one-stop shop for information on how to save on your energy bills. The little things like turning the lights off at night, and also the big things: like what is the average cost of gas and electricity in the UK. At Switch Plan, we recognise that everyone has different energy needs, so we will get it right for you.

Ready, steady, save!

First and foremost, the first step is getting a recent energy bill and getting a clear idea of your usage. This step is arguably the most important. The majority of people in the UK (over 70%) input their current energy usage or costs incorrectly when choosing a new supplier. As a result, the quotes that we get back from energy suppliers do not accurately reflect our usage and we end up paying a lot more than we expected.

Thinking about switching suppliers? Start by simply following these 3 simple steps:

Just follow these 3 steps:

20 minutes with us, 14 days for your new supplier.

You can switch from 49 days before your contracts’ end without fees. Once we have processed the switch, and after a 'cooling off' period of just 14 days, you will be switched over to your new plan.

Our team of experts will do everything for you over the phone in just 20 minutes. Switching your energy deal with us is quick and easy, since all we require is a few pieces of basic information about you and your household.

Whenever you see fit.

You can technically switch Energy Suppliers whenever you see fit. However, you may find that doing so incurs an exit fee for each fuel you switch. If you want to avoid incurring this fee, you don’t have to wait out your whole contract. If you are keen to change supplier, you don’t necessarily have to wait out the full length of your contract. Even if you have to pay an early exit fee, this may pale in comparison to what you save over the course of a year by switching.

Switching suppliers certainly not a decision to be made lightly. After all, you could have to live with the consequences of your decision for many months. At Switch Plan, we do the hard work for you and match the right supplier to your needs. What’s more, we handle every aspect of your move from end to end.

Would you like to know more? Call us today on 0330 81 86223. We’re available from 9am to 7pm.