Energy price war is good news for consumers

John Hearne finds competition between utility companies is leading to good energy deals, but most people ignore the opportunity to cut costs

THE Retail Markets Report from the Commission for Energy Regulation (CER) shows that the vast majority of electricity (81%) and gas (69%) customers are on standard plans. What this means effectively is that we’re all passing up on huge energy cost savings.

If you were to take the time to switch your gas and/or electricity supplier, it would be difficult to find a more profitable way to put in 10 minutes.