312,480 households switch electricity supplier

The number of people switching electricity supplier rose to its highest level in three years in 2014 as consumers sought to minimise the cost of bills.

Figures from the Commission for Energy Regulation show 312,480 households changed electricity supplier last year.

With claims by consumer experts that families could save up to €300 a year on their energy bills by switching to a cheaper supplier, switching rates are on the rise again.