Published Wednesday, 15 April 2015
A NEW scheme aimed at providing residents and businesses in Hinckley & Bosworth with a hassle-free way of switching energy suppliers has now been launched.
The Hinckley & Bosworth Energy Switching Scheme has been organised by the Borough Council in conjunction with iChoosr (see footnote) and works by bringing together a number of people who want to switch providers into one ‘auction’.
Energy providers then bid for their business by offering the best available prices. The more people who join the collective scheme, the better a deal everybody gets. On average the council expects residents to save up to £180 a year by switching energy suppliers through this scheme. The £180 figure is based on previous auctions.
How does the scheme work?
Residents can sign up free, with no obligation, to say they are interested in switching suppliers to save money. Businesses currently on a domestic tariff are also eligible to sign up. The more people who sign up, the better deal everyone gets. Anyone can sign up until 18 May 2015.
On 19 May, iChoosr (the company which has been selected to facilitate the switching process) will run an auction asking energy suppliers to bid for the collective business of everyone who signs up.
After 19 May, iChoosr will contact everyone who has signed up individually with an offer of an energy tariff based on their usage. This will outline how much they will save by switching to the winning energy provider. Residents then choose whether or not to sign up to the new supplier.
There is no obligation to change if residents choose not to, but they have a few weeks to accept the offer. They will then be contacted by the new supplier to arrange switching.
The scheme will take care of the switching process and there will be no interruption of the gas and electricity supply at any time.
Even those on a pre-payment meter can sign up to the scheme, provided they are not in more than £500 of debt to their current supplier.
To register interest go to www.hinckley-bosworth.gov.uk/switchandsave. This will automatically link to the iChoosr registration page. Alternatively you can call us on 01455 255988.
The following details will be needed to complete the registration:
- name, address and contact details
- the name of the current energy supplier(s) and current tariff plan(s)
- the current consumption in kWh or spend.
Up to five households can be registered on the same email address, which means people can help out a neighbour or friend who does not have access to the internet or email.
*iChoosr has been operating in the Netherlands and in Belgium since 2008 and has already helped over 300,000 consumers switch to a new (energy) supplier.
Last updated: 15/04/2015 10:57
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