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Minimum level of saving required to switch energy supplier in the UK 2014

This statistic shows the minimum amount of money a consumer would expect to save before deciding to switch to a new energy supplier, in the United Kingdom (UK) in 2014. 13 percent answered they would need to save more than £250 to make the switch, while the median saving required was only £114. Money was not a critical factor for one percent of the respondents.

Minimum level of money consumers expect to save before considering switching their energy supplier in the United Kingdom (UK) 2014

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Release date

February 2015


United Kingdom

Survey time period


Number of respondents

6,949 respondents

Age group

18 years and older

Method of interview

Telephone interview

Supplementary notes

Originally asked as: "What would be the minimum amount of money you would have to save to encourage you to switch your Gas/Electricity/Energy supplier?"

Base consists of people who thought it was possible or didn’t know whether it was possible to switch supplier and payment method.

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Statistics on "Energy consumer experience in the UK"

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