Many broadband, TV and phone contract providers tie their rates to inflation, meaning that consumers could see some price hikes early this year.However, research has shown that smart switching could save households that are overpaying some £250 on their bills.
This is according to the consumer experts at Which?, who surveyed 5,000 customers on their contract switches and how much money they had saved in the process.TV and broadband customers saved around £162 by switching away, however those who switched away from Sky saved an average of £261 a year.Those switching away from Virgin Media saved an average of £210.
Even customers who did not switch but took the time to haggle with their broadband and TV provider saved an average of £90 a year.Despite the larger savings, Sky and Virgin Media are two of the providers that do not currently employ mid-contract price rises.
However, both regularly make changes on an ad hoc basis – but when this happens, consumers have the right to switch without penalty.Natalie Hitchins, Which?
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