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Confused.com sees 2000% surge as customers flock to save money on energy
Confused.com sees a 2000% surge as customers flock to save money on energy prices after British Gas reveals huge price hike.
Confused.com Chief Marketing Office, Mike Hoban said: "At a time when utility suppliers are reporting record profits and massive price rises, consumers are voting with their laptops and looking for the cheaper deals."
Confused.com also offers popular hints and tips on how to reduce energy used around the house, as well as an impartial comparison service which makes it easy for people to shop around and save on gas and electricity bills.
British Gas is the second of the Big 6 to announce gas and electricity price rises. Gas prices (http://www.confused.com/
Lisa Greenfield, energy analyst at Confused.com commented on the price rises: "Struggling households will be dismayed by this news, and as British Gas is the largest supplier in the UK, many families will be hit hard."
Notes to Editors:
*Source: Confused.com week-on-week internal statistics
**£190 = Based on standard tariff prices at average annual consumption of 16,500 kWh for gas and 3,300 kWh for single rate electricity, is an average across all regions and payment methods.
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include electricity prices (http://www.confused.com/
Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.
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