Big Switch aims for cheaper energy bills
YOU! Do you want cheaper energy bills? Of course you do! You want more money to spend on beer and fags. Well, if that's the case, you are now being offered the chance to save money by clubbing together to bulk buy gas and electricity.
Consumer coven Which!!! and campaigners 38 Degrees are asking consumers to sign up by 31st March, which will then see energy companies being invited to submit the best deals. The best of the deals will then be offered to everyone who signed up and Which! will handle the switching process.
Which!!!!!! executive director Richard Lloyd says: "The government, regulator and energy companies have failed to move quickly enough to improve things for consumers when so many are struggling to pay their bills. That is why we decided to launch The Big Switch. This is a completely new way to buy energy as a group. The bigger the group, the stronger our bargaining power will be."
The Big Switch is described as a reverse auction, with energy companies submitting their lowest price per kilowatt of electricity and cubic metre of gas, which will then see customers being offered the deal by email or text message when they'll then slowly back away, thinking that the whole thing looks like a massive hassle.
The Big Switch will roll-out across the UK with a series of regional events in Reading, Glasgow, Manchester, Birmingham and Cardiff through February and March.
David Babbs, executive director of 38 Degrees, said: "We are all sick of gas and electricity companies ripping us off. If thousands of customers band together we will have the bargaining power to do something about it. The big energy companies act like they are untouchable, but this people-powered campaign can turn the tables and bring down prices for everyone."