Households 'missing out on significant amount of cost savings,' says energy regulator

“By only switching once and not looking at which plan is best suited after the expiration of their discount tariff, customers are missing out on a significant amount of potential cost savings,” the Commission for Regulation of Utilities said.

Households are “missing out on a significant amount of potential cost savings” on their gas and electricity bills, the energy regulator has said.

As consumers still face sky-high bills to heat and power their homes, the Commission for Regulation of Utilities (CRU) has said the cheapest standard dual fuel estimated annual bill stood at €3,933 for existing customers last month.