Do you think switching providers is too much hassle?
New research shows that many of us are not switching providers for household essentials.
Research published today by Switcher.ie shines a light on some of the misconceptions that could be costing us money every year.
Switching is too much hassle
Lots of the people surveyed as part of our research - almost four in ten - said switching was ‘too much hassle’.
However, the fact is that switching really only takes around 5 minutes - and it could save you hundreds each year. At the moment, the average dual fuel customer could save up to €335 by moving from standard tariffs to the cheapest deals on the market.
I don’t want to be tied into a contract
Almost four in ten people also said they didn’t want to get tied into a contract.
While there are valid concerns about early exit fees, most suppliers offer significant discounts to new customers who sign a contract with them.
Most contracts range from 12-24 months, but don’t forget you will also have a cooling-off period built in if you sign up for something and then decide you don’t want to go ahead with it.
I can’t tell if it will really save me money
There are tonnes of products out there at the moment, and this can definitely be a bit overwhelming if you’re trying to look for a new deal. Three in ten customers said they couldn’t tell if they’d save money by switching.
To be plain about it, unless you have switched providers for every household essential in the last year, you will get a better deal by switching.
I keep meaning to do it, but I can’t find the time
Six in ten people surveyed said they had considered switching providers for household essentials in the past, but didn’t go ahead with it. For a lot of us, it just seems like it would take too much time to do so.
Actually, comparing deals and completing a switch on switcher.ie only takes around 5 minutes. And who among us doesn’t want to save hundreds of euro in the time it takes to boil the kettle?