Cost of living: Surge in people switching energy suppliers after price hikes

CRU data shows that the number of Irish customers switching energy providers rose 51.59% in September compared to the same period last year, and rose by over 30% in just month. Picture: Clive Sherlock/Alamy

Hard-pressed consumers are scrambling to secure better energy deals amid a surge in the cost of living, as the number of households switching supplier rose to its highest level since 2022, new figures show.

Amidst rising grocery bills and health insurance hikes, data from the Commission for Regulation of Utilities showed a significant jump in those switching energy supplier after a raft of price hikes from some of the major providers.