Consumers unsure over fees for exiting household contracts

Most Irish consumers are in the dark about early exit penalty fees on essential household contracts, and it could be costing them dearly.

Price comparison website Switcher.ie found that two-thirds of utility users either did not know about early exit fees or were unsure of the amount charged.

One in six (17%) of admitted that they had been charged exit fees in the past by a utility company and the average termination charge was €180.