The Big Harrow Energy Switch
The next auction is taking place on 19th November, 2013. The auction works by inviting energy companies to bid against each other to offer the cheapest rate for gas and electric contracts. Offers are based on the current energy use and costs for those who have signed up.
Almost 2,500 Harrow residents were among 30,000 people across London who signed up to the two previous energy switch auctions in April and June this year. The average saving per household for both auctions was over £100.
Helping residents in tough times
Harrow Council is backing the scheme as part of its commitment to help its most vulnerable residents through these tough economic times. Almost half of those who switched suppliers in April’s auction had at least one person aged 60 or over in the household; 29 per cent of those who switched had a long term illness or disability; and 19 per cent received benefits.
How does it work?
Whichever supplier(s) offers the cheapest tariff gets to offer you a new contract. After the auction, residents will receive a personal offer and will easily be able to see how much money they can save. Only then do they have to decide whether they wish to accept the offer or not. There is no commitment to accept the offer at any point. Anyone who pays a household energy bill can take part. This includes tenants and customers on pre-payment meters. The savings will depend on your current tariff, payment method and the winning bid.
To find out more: