Residents have just a few weeks left to sign up to a scheme that could save them money on their gas and electricity bills.
Hammersmith & Fulham Council has joined more than 20 other London boroughs to deliver the Big London Energy Switch – a scheme that helps residents to club together to secure lower energy prices by using a third party to switch provider.
By grouping together those taking part secure greater bargaining power – resulting in energy companies competing to offer their best prices. So, the more people who register for The Big London Energy Switch, the lower the price that could be offered.
“Many residents have told us rising energy bills pose a real problem, so this is a great chance for them to be in with a chance of reducing those bills, just in time for winter,” said Cllr Wesley Harcourt, H&F Council’s Cabinet Member for Environment, Transport and Residents’ Services.
“We are determined to do everything we can to help our residents save money.”
Since H&F joined the scheme, residents switching provider through the BLES have collectively saved a total of £67,000.
Who can take part?
Anyone who pays a household energy bill can take part. This includes tenants and people who have prepayment meters. Those who are more than £500 in debt to an energy supplier are not allowed to switch their energy companies.
How the scheme works
The next energy auction will take place on 13 October 2015. Once registration has closed, all the energy companies are invited to offer their best prices to all those who have registered. The winning energy company simply offers the lowest price.
You will then receive details of exactly how much money you personally could save if you accept the energy company's offer. At this point there is no obligation for you to accept the offer.
Visit the energy efficiency and warm homes page to find out more and to sign up.