40,000 in Big Switch to save on electric bills

Over 40,000 people have signed up to a campaign by Bord Gáis Energy whereby they will receive special offers and discounts if they switch to them. The customers already with them will receive similar discounts for their loyalty to the company.

For the customers that take part in the switch will receive various discounts such as they can avail of a 10% discount in year one, plus €80 cash back after 12 months. This amounts up to an estimated saving of €215 in year one for a typical, three-bedroom household. For existing Bord Gáis Energy customers, the offer is a 5% discount for year one with €40 cash back after one year.

These offers include Level Pay which allows customers to pay a steady amount on their electricity each month and use paperless billing.

Oliver Tattan, co-founder of One Big Switch, said the discounts were “a big win” for consumers.

“This campaign was always an experiment in people power. Today that experiment worked, and group-discounted electricity is finally available in Ireland for the first time.

“That is a big win for consumers who joined the campaign, but hopefully it will also help drive competition across the whole energy market in Ireland. The rising cost of electricity in Ireland is hurting many families, hopefully this discount will bring some relief,” he said.

The company aim to increase competition and to cut down on prices with the use of their customers to help them do it. 

Householders who are not yet registered can still do so at no cost and with no obligation. The offer is for electricity only, with gas offers are expected to be available in the near future. The offer is open to members until April 17.