People power slashed my energy bills by £300 a year: Demand a better deal from your supplier with our Winter Collective tool
Rising wholesale energy prices have added £126 to the average energy bill over the past seven months, according to Energy Helpline, putting a serious pinch on households’ wallets.
Now is the time to band together and demand a better deal from suppliers to make sure you don’t pay more than you need to.
To help, This is Money is launching a new Winter Collective with the help of energyhelpline, offering readers the chance to petition energy providers to cut their costs.
Paying too much for your energy? Sign up to our winter collective to demand a cheaper deal
What is collective switching?
Collective switching uses customers' combined bargaining power to squeeze a better offer from the energy suppliers – usually by enough to beat rising tariff hikes.
Providers are forced to compete for everyone's business, which pushes the price down and saves customers from the legwork of shopping around for the cheapest deal.
During our last collective switch, This is Money's carefully chosen partner service, energyhelpline, went straight to the energy suppliers to ask them to bid for the collective business of the potential customers who had signed up to the switch by offering a cheaper energy tariff, shaving hundreds of pounds of their bills.
How much could you save?
The Winter Collective aims to secure a deal saving typical customers around £300-a-year.
The sign-up stage is open until 13 February so no winning tariff has yet been chosen. But, the more people who sign up the better the bargaining power and the cheaper the deal suppliers are likely to be willing to offer.
Check out how many others have signed up here.
Sign up with no obligation to switch
While we always encourage our readers to shop around to make sure they are not overpaying for their energy, it can seem like a hassle you don’t have time for.
Signing up to the This is Money and energyhelpline's collective switch does the hard work for you. All you need to do is register with an email address and a few basic details and we deliver a unique tariff straight to your inbox on 14 February.
It’s simple – if you want the deal you can accept it and if not there is no obligation to take it. Plus you have until 14 March to decide.
Readers can find out more information on The Energy Switch and energyhelpline here or read our frequently asked questions.
Alternatively, you can instantly register via This is Money's sign-up page. https://thisismoneyswitch.co.uk/
If you do switch supplier through The Energy Switch, This is Money will receive a commission payment. This will be paid by the energy provider not by the customer and goes towards keeping This is Money free to use and paying for our award-winning journalism and tools.
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