Fall in the number of people switching energy suppliers

Last Friday, Pinergy became the latest supplier to increase its prices as it announced plans to up the unit price of its electricity by 18% from September 5, impacting around 27,000 customers.

The number of consumers switching their electricity and gas supplier fell markedly in May, after a deluge switched earlier in the year following the latest energy price hikes.

In the first five months of this year, more than 170,000 electricity customers and 61,000 gas customers switched suppliers, according to data from the Commission for Regulation of Utilities.