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

Nick Ferrari reflects on his visit to Estonia

The bravery of our troops is unquestionable, but we must boost defence spending, writes Nick Ferrari

Exclusive
Keir Starmer speaks to Nick Ferrari

Starmer refuses to commit to 3% defence spend as he insists priority is 'working collectively' with Nato allies

'Our wombs are owned by Westminister': Myleene Klass hits out at government for neglecting women going through baby loss

'Our wombs are owned by Westminster': Myleene Klass hits out at government for neglecting women experiencing baby loss

Exclusive
Nick Ferrari Challenge: Can LBC’s Henry Riley recreate Daniel Khalife’s prison escape?

Nick Ferrari Challenge: Can LBC’s Henry Riley recreate Daniel Khalife’s dramatic prison escape?

Exclusive
Mandy Damari, the mother of Emily Damari - the last remaining British citizen being held hostage in Gaza - has pleaded with Sir Keir Starmer to help bring her daughter home as she looked back on the harrowing events of October 7.

'It nearly broke my heart': Mother of British hostage Emily Damari blasts Downing Street over vetoed Gaza deal

Exclusive
Jane Rubens, 73, from Edinburgh was hit by a large vehicle in early November and remains in a coma.

Insurance firm gave Brit 'less than 24 hours' to make a decision against doctors’ advice after mum suffered brain injury

Exclusive
LBC’s Nick Ferrari has remembered being spiked while at a party.

‘The whole world was spinning’: Nick Ferrari candidly recalls drink spiking as he shares 'appalling' side-effects

Exclusive
‘The storm of war is gathering’: Defence cuts leave UK critically unprepared for a 'bumpy decade', warns ex-minister

‘The storm of war is gathering’: Defence cuts leave UK 'woefully unprepared' for a 'bumpy decade', warns ex-minister

Education Secretary Bridget Philipson 'hasn't changed her mind' and will vote against assisted dying bill

Education Secretary Bridget Philipson 'hasn't changed her mind' and will vote against assisted dying bill

Nick Ferrari takes to the streets of the US to ask Americans: 'Can you identify these British politicians?'

Nick Ferrari takes to the streets of the US to ask Americans: 'Can you identify these British politicians?'

Why did Trump win and why did Harris lose? Nick Ferrari asks American voters

Why did Trump win and Harris lose? Nick Ferrari asks American voters in the wake of US election results

Nick Ferrari attends his first Trump rally in Pennsylvania as he meets the crowd in 'the poorest city in the United States'

Nick Ferrari attends his first Trump rally in Pennsylvania as he meets the crowd in 'the poorest city in the US'

Home Secretary Yvette Cooper has said she strongly disagrees with a tweet that a backbench MP appeared to have reposted saying Kemi Badenoch represents "white supremacy in blackface".

Cooper condemns 'appalling' tweet shared by Dawn Butler labelling Kemi Badenoch 'white supremacy in blackface'

Exclusive
Cumberland County: Where the US election could be won or lost

Nick Ferrari travels to America for the US Election: Watch the best bits here

Exclusive
The Chancellor was speaking to LBC's Nick Ferrari at Breakfast

Chancellor ‘doesn’t know’ salary of new chairman tasked with ensuring government ‘value for money'

Transparency over Southport stabbings key to avoiding 'deep public mistrust in the criminal justice system', says Jenrick

Transparency over Southport stabbings key to avoiding 'deep public mistrust' in criminal justice system, says Jenrick