West Norfolk residents could save money on their energy bills thanks to a new scheme being introduced by the Borough Council, alongside other Norfolk Councils.
www.bigswitchandsave.co.uk has been created so that residents will be able to submit their details to be included in a ‘reverse auction’ to find the cheapest energy tariff for those householders.
By grouping hundreds or even thousands of households together, it is possible to negotiate much lower energy tariffs than if an individual was changing supplier on their own. Schemes elsewhere in the country have seen residents save an average of £160 per year on their bills!
The more households who join, the stronger the bargaining power to drive down individual energy bills, and so the Borough Council has teamed up with other Norfolk councils under the banner of ‘The Big Switch and Save’.
The scheme opened on 1 March and people can sign up online until 8 April. After that energy suppliers compete in an auction to make the best offer to those customers who applied. 16,246 people have already registered their interest.
This deal is then offered to those who signed up. They will be able to see how much they could save compared to their existing tariff, and be able to make a decision on whether to change to the new tariff. If the householder opts to change to the new tariff, the switch of supplier will be carried out automatically. There is no obligation to sign up to a new tariff.
Cllr Adrian Lawrence, Cabinet Member for Community, said: “The key here is to get as many people as possible to sign up. People can help by spreading the word amongst their friends and family. It is also possible to register up to five households on the same email address, which means neighbours and family members could help each other sign up too.”
Residents wishing to benefit from the scheme should sign up online before 8 April via www.bigswitchandsave.co.uk.