Rising energy costs? Expert reveals one easy way to see your options and potential savings
Finding a cheaper energy deal is set to get even easier for households across the UK thanks to a new update on a free mobile app.
The Renewal app’s new energy-switching feature lets households see which providers are available at their property and how much they could save by switching. Users just have to add their home address to the app, which will then estimate how much they could save on their annual bill by changing providers.
Renewal from Go.Compare is a free app that allows customers to store all their insurance details in one convenient place. Users can quickly check what they're covered for, find out who their insurer is, and access important contact and claims information whenever they need it. The app also sends reminders when policies are due for renewal, helping customers stay on top of their insurance and shop around for a better deal at the right time.
Now, the app is also aiming to help users find a better price on their utility costs through this new energy feature. The addition comes in light of Ofgem increasing the energy price cap by 13% this month, which saw the average annual energy bill rise by £221 for a typical household.
Matt Sanders, Go.Compare’s money spokesperson said: "With many households continuing to feel the impact of higher energy bills, consumers are understandably looking for simple ways to reduce their monthly outgoings so that their money goes further.”
"We're delighted to bring another useful addition to Renewal from Go.Compare to help with this. Our new energy-switching feature makes it easier for users to explore the providers available at their property and see how much they could save by switching. By helping users compare their options in just a few clicks, the feature will support homeowners in finding a better deal and minimise the impact of rising energy costs.”
Matt added: "Renewal is all about helping consumers stay on top of important household expenses and renewals. Alongside the new energy-switching feature, users can also keep track of their insurance policies, and other details like their vehicle’s MOT status, in one place."
The Renewal app can be downloaded from the App Store and Google Play.
ENDS
Contact Information
Alex McCormick
Notes to editors
Notes to editors
For further information please contact:
Front Door Communications at go.compare@fdcomms.co.uk
Keep up to date with Go.Compare on Twitter: @GoCompare or you can call 02920 020360
About Go.Compare
Go.Compare is a comparison website that enables people to compare the costs and features of a wide variety of insurance policies, financial products and energy tariffs.
It does not charge people to use its services and does not accept advertising or sponsored listings, so all product comparisons are unbiased. Go.Compare makes its money through fees paid by the providers of products that appear on its various comparison services when a customer buys through the site.
When it launched in 2006, it was the first comparison site to focus on displaying policy details rather than just listing prices, with the aim of helping people to make better-informed decisions when buying their insurance. It is this approach to comparing products that secured the company an invitation to join the British Insurance Brokers’ Association (BIBA) in 2008, and it is still the only comparison site to be a member of this organisation.
Go.Compare has remained dedicated to helping people choose the most appropriate products rather than just the cheapest and works with Defaqto, the independent financial researcher, to integrate additional policy information into a number of its insurance comparison services. This allows people to compare up to an extra 30 features of cover.
Go.Compare is part of Future Plc and is authorised and regulated by the Financial Conduct Authority (FCA).
More information can be found here www.gocompare.com or here https://www.futureplc.com/brands/.