Consumers Switching utilities for better deals

Being the leading company for Debt Consolidation in Ireland, Debt Assist as well as reducing customer's payments on loans, solving credit card & mortgage arrears also offers clients greatly reduced bills on their utilities. Debt Assist being a nationwide company is able to get the best deals on the market for phone, broadband, gas & electricity. Through economies of scale our buying power allows use to neogiate for big reductions on our clients bill. A new survey from the National Consumer Agency shows that people are prepared to switch to save money.

CONSUMERS are taking their revenge on companies that rip them off by ditching their products and services in favour of cheaper ones.

A surge in switching has become particularly prevalent when it comes to choosing a mobile phone, broadband and electricity provider. Consumers are ditching their current provider in favour of another to save money. Four out of every five people who change their broadband, mobile phone or electricity provider save money as a result, a survey released yesterday by the National Consumer Agency (NCA) showed.

Bargain-hunting by recession-hit households has meant that more than a quarter of mobile-phone users have moved to a new service provider.

And the entry of Bord Gais Energy and Airtricity into the domestic electricity market has prompted 4pc of electricity consumers to move to another provider for a better deal.

Another 12pc of electricity customers intend to switch their provider in the coming year as a number of new providers enter the market. Head of the consumer agency Ann Fitzgerald urged people to step up their switching activity.

"With budgets tightening due to the economic downturn, savvy consumers are examining the options and value available to them, switching to get the best deal where possible and the NCA is happy to report that they are mostly saving money as a result," she said.

The research also showed that more than eight out of 10 of customers who changed utility or service company found it an easy process.

Those who make the switch overwhelmingly believe they are getting a better service after making the switch. "Informed consumers are empowered consumers and savings can be made if people shop around," said Ms Fitzgerald.

"As well as getting the best value for themselves, they will also help to drive competition among providers in the long run." The research was carried out with a sample of 1,000 people aged between 15 and 74 in May and June.

Debt Assist offers a free consultation, so why not stop by and see how much we can save you on your utilites and loans.