•Energy price cuts in 2009: 4% or £54 for standard plan customers, but 12% or GBP133 for online customers

•At the beginning of the year, online plans were £170 cheaper than standard plans – today they are £249 a year cheaper

•Best kept secret: despite consistently lower prices only 1.3 million or 5% of households are on online energy plans

•Winter worry: two thirds (65%) of people are worried about the cost of their energy bills as we head into winter

•Affordability concerns: almost two in ten households (19%) are finding it difficult to afford their energy bills

•Cutting back: 57% of households are already cutting back on energy to make bills cheaper while a further 17% are planning to join them.

While the majority of households have seen energy prices drop by 4% or £54 this year, new research from uSwitch.com reveals that households who are on suppliers’ online plans have enjoyed cuts three times this size. Since the beginning of 2009 their prices have been reduced by a healthy 12% or £133, leaving online customers paying £249 less than standard customers.

While the debate about whether suppliers should be cutting prices again in light of lower wholesale costs rumbles on, households on online plans are sitting pretty. They have seen bills drop from £1,123 on the 1st January to £990 today. However, households on standard plans have not fared so well – their prices have dropped from GBP1,293 at the beginning of the year to £1,239 today, barely making a dent in the 42% or GBP381 increase in energy prices seen last year.

Via EPR Network
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