Auto-switching service Switchcraft says it is now “survival of the fittest” in retail energy markets.
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Prepayment plans are ‘financial prison sentence for millions of households’
Auto-switching service Switchcraft claims these deals can lock billpayers into an ‘energy-poverty trap’
July 17 2019
Energy firms pay out more than £10m in fines for rule-breaking
Switchcraft, said: “It’s great to see Ofgem on the front foot when it comes to enforcement actions against suppliers.
July 8 2019
Brilliant Energy becomes tenth energy firm to fail
Auto-switching site Switchcraft, said that with so many customers moving to suppliers and tariffs they had not chosen “the industry is in crisis and the regulator needs to step in”.
March 11 2019
British Gas becomes latest supplier to slap customers with energy price cap rise
Switchcraft, added: “British Gas customers will now see £409.5 million added to their energy bills as a result of the price hike.
February 19 2019
‘It’s become so easy to set up an energy firm’: As the bubble bursts, will your supplier be the next to go bust in the challenging year ahead?
Switchcraft, says: ‘There’s a real risk of further bankruptcies. It’s become so easy to set up an energy supplier that many new ones have emerged without a realistic business plan or proper funding.’
February 17 2019
Why two investment bankers founded an energy switching startup
That startup idea was Switchcraft, an online service where customers enter their details once and are automatically moved to the best possible energy deal.
February 5 2019
Winter likely to finish off some energy firms, analysts say
Andrew Long, founder of another automatic switching site – Switchcraft – said that the cap had already led to a clustering of prices.
January 11 2019
Move supplier with minimum effort
New automated switching services will not only find you the best deal, but do the boring admin too
March 24 2018