The recent cold weather has led to a record number of customers switching their energy supplier, says the UK trade body Energy UK. The February cold snap saw energy bills soar for the average customer such as households and small businesses which appears to have prompted a surge in supplier switching activity.
The total amount of customers who switched energy suppliers last month has been rounded out at 660,000, which Energy UK says is a new monthly record. Compared to the same month last year, that is an increase of 60% and means that so far in 2018, the number of people switching energy supplier is equivalent to the entire population of the city of Birmingham, according to Energy UK. (more…)Read More