This statistic shows the minimum amount of money consumers in Great Britain wanted to save per year in order to consider switching energy suppliers in 2016, by age group. Four percent of would want to save up to 50 British pounds, across all age groups. Of the oldest age group, a share of 26 percent said it's not all about the money.
What would be the minimum amount of money you would have to save per year in order for it to encourage you to switch your gas or electricity supplier?
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
What would be the minimum amount of money you would have to save per year in order for it to encourage you to switch your gas or electricity supplier?
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
Ofgem, & Ipsos. (August 3, 2016). What would be the minimum amount of money you would have to save per year in order for it to encourage you to switch your gas or electricity supplier? [Graph]. In Statista. Retrieved March 14, 2025, from https://www.statista.com/statistics/315427/encouraging-factors-for-switching-energy-suppliers-by-age-in-great-britain-uk/
Ofgem, und Ipsos. "What would be the minimum amount of money you would have to save per year in order for it to encourage you to switch your gas or electricity supplier?." Chart. August 3, 2016. Statista. Accessed March 14, 2025. https://www.statista.com/statistics/315427/encouraging-factors-for-switching-energy-suppliers-by-age-in-great-britain-uk/
Ofgem, Ipsos. (2016). What would be the minimum amount of money you would have to save per year in order for it to encourage you to switch your gas or electricity supplier?. Statista. Statista Inc.. Accessed: March 14, 2025. https://www.statista.com/statistics/315427/encouraging-factors-for-switching-energy-suppliers-by-age-in-great-britain-uk/
Ofgem, and Ipsos. "What Would Be The Minimum Amount of Money You Would Have to save per Year in Order for It to Encourage You to Switch Your Gas or Electricity Supplier?." Statista, Statista Inc., 3 Aug 2016, https://www.statista.com/statistics/315427/encouraging-factors-for-switching-energy-suppliers-by-age-in-great-britain-uk/
Ofgem & Ipsos, What would be the minimum amount of money you would have to save per year in order for it to encourage you to switch your gas or electricity supplier? Statista, https://www.statista.com/statistics/315427/encouraging-factors-for-switching-energy-suppliers-by-age-in-great-britain-uk/ (last visited March 14, 2025)
What would be the minimum amount of money you would have to save per year in order for it to encourage you to switch your gas or electricity supplier? [Graph], Ofgem, & Ipsos, August 3, 2016. [Online]. Available: https://www.statista.com/statistics/315427/encouraging-factors-for-switching-energy-suppliers-by-age-in-great-britain-uk/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.