Energy expert explains how to save up to £300 on your bills

2 December 2019, 15:24 | Updated: 4 December 2019, 15:35

The energy expert from Moneysupermarket.com explained to Nick Ferrari how easy it is to save money on bills.

Nick Ferrari asked Stephen Murray: "How straightforward is it and how easy do some of the big companies make it when you seek to terminate an agreement that might date back years?"

Murray replied: "If you've not done anything for a good number of years, you will not be locked in or tied in in any way, shape or form to your supplier. So it's very easy.

"It literally is whether you choose to go online and do it yourself. It's five or 10 minutes.

"For your listeners who may not feel as comfortable as that then our comparison site, among a lot of others, have free phone numbers you can call in and the agents there will be able to support and help you through the process.

The important thing is if you can get yourself your most recent energy bill in front of you, everything will be on there that will help you to do so."

Money saving expert explains how to save up to £300 on energy bills
Money saving expert explains how to save up to £300 on energy bills. Picture: PA

Nick Ferrari said that can allow the comparison websites agents to help work out their rates.

Murray said: "The sin of doing nothing is usually greater than if you get it a little bit wrong.

To those people, your listeners at the moment, who have never done anything about it, they are at the moment going to be paying around, about for an average user, almost £1200 pounds a year."

Nick pointed out that means listeners could pick up about £100 a month.

Murray said that, actually, within 10 minutes, the average consumer could save about £250 to £300 very easily.

More Nick Ferrari

See more More Nick Ferrari

Christmas saved but pig farmers at their “wit’s end” over butcher shortage

Christmas saved but pig farmers at their 'wit’s end' over butcher shortage

Transport Secretary Grant Shapps was speaking to LBC's Nick Ferrari

Transport Secretary savages 'pathetic and dangerous' road blocking eco mob

The Shadow International Trade Secretary was speaking to Nick Ferrari

Emily Thornberry calls for 'a bit of grown-up politics' in Brexit negotiations

Nick Ferrari gave his take on the issue

'Why the hell are we calling off the fireworks? Why is the Mayor such a killjoy?'

The Tory Party Chair was speaking to LBC's Nick Ferrari

'We are very sorry': Tory Party Chair apologises after damning Covid report

The caller was speaking to LBC's Nick Ferrari

'Why isn't there a student loan scheme to train HGV drivers?' caller asks

Nick Ferrari quizzed the Cabinet Office minister

Nick Ferrari savages minister who has not read damning Covid report

The Security Minister was speaking to LBC's Nick Ferrari

Minister denies Business Secretary lied about extra support for firms amid energy crisis

The steel industry chief was speaking to LBC's Nick Ferrari

'PM needs to bang heads together' to avoid steel sector crisis, industry boss says

Nick Ferrari won a prestigious journalism award

Nick Ferrari “at the top of his game” as he picks up prestigious award for LBC journalism

The Thomas Cook CEO was speaking to LBC's Nick Ferrari

Changes to travel rules are 'good news' for holidaymakers, but more clarity needed

The broadcaster was speaking to LBC's Nick Ferrari

Andrew Neil's withering take on Boris Johnsons party conference speech

Dominic Raab defended the government's Universal Credit cut

Dominic Raab denies £20 UC cut will force families into stark 'heat or eat' choice

Exclusive
'Jacob Rees-Mogg, are you scum?': Nick Ferrari interviews the Commons Leader

'Jacob Rees-Mogg, are you scum?': Nick Ferrari interviews the Commons Leader

Watch In Full | Nick Ferrari quizzes Boris Johnson at the Tory Party conference

Watch In Full | Nick Ferrari interviews Boris Johnson

The PM was speaking to LBC's Nick Ferrari

'Get back to work or lose out': PM urges Brits to get back to the office