20m energy customers STILL on standard tariff

[Michael Browne]

Around 20 million energy customers (mainly with large suppliers) in Britain are on ‘standard variable’ rate tariffs, and are potentially missing out on significant savings.

 

Ofgem has published its own league table comparing the cheapest and priciest energy deals on the market.

 

The table compares how much customers on standard variable tariffs (often the most expensive on the market) with each provider could save by switching to a cheaper deal, without even switching companies.

 

More than 1.7 million Npower customers could save £261 a year, simply by moving to another Npower tariff.

 

While a record number of people switched in 2016, close to seven in ten households are still stuck on standard variable tariffs, costing £1.4bn in total.

 

http://www.bbc.co.uk/news/business-38314164

[Ford]

'As many as 6.6 million British Gas customers could save £129 a year, according to Ofgem.' re their own tariffs!

giving BG what around how much 'extra' a year...!

at least '...From next year, suppliers will have to tell Ofgem which of its customers have not switched tariffs....If customers consent, they will be sent details of better deals, prompting them to move....'