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
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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Cabinet Office UK. (February 2, 2015). Minimum level of money consumers expect to save before considering switching their energy supplier in the United Kingdom (UK) 2014 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/467679/required-savings-to-switch-energy-supplier/
Cabinet Office UK. "Minimum level of money consumers expect to save before considering switching their energy supplier in the United Kingdom (UK) 2014." Chart. February 2, 2015. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/467679/required-savings-to-switch-energy-supplier/
Cabinet Office UK. (2015). Minimum level of money consumers expect to save before considering switching their energy supplier in the United Kingdom (UK) 2014. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/467679/required-savings-to-switch-energy-supplier/
Cabinet Office UK. "Minimum Level of Money Consumers Expect to save before Considering Switching Their Energy Supplier in The United Kingdom (Uk) 2014." Statista, Statista Inc., 2 Feb 2015, https://www.statista.com/statistics/467679/required-savings-to-switch-energy-supplier/
Cabinet Office UK, Minimum level of money consumers expect to save before considering switching their energy supplier in the United Kingdom (UK) 2014 Statista, https://www.statista.com/statistics/467679/required-savings-to-switch-energy-supplier/ (last visited July 22, 2024)
Minimum level of money consumers expect to save before considering switching their energy supplier in the United Kingdom (UK) 2014 [Graph], Cabinet Office UK, February 2, 2015. [Online]. Available: https://www.statista.com/statistics/467679/required-savings-to-switch-energy-supplier/
