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‘I can save around €455 in a year... that would be a nice pay rise’

Pensions and retirement consultant Mike Grogan has just switched his electricity and gas supplier and estimates he could be saving up to €455 across a year.

Mr Grogan, 38, from Celbridge, Co Kildare, said he noticed his bills were “high” in 2021. This year, with inflation a concern, he decided to shop around.

The married father-of-two switched his family’s electricity and gas supplier to SSE Airtricity. He estimates savings of around 20pc on gas and 25pc on electricity.

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Mike Grogan believes some people don't look into switching providers because they don't want the hassle. Photo: Tony Gavin

Mike Grogan believes some people don't look into switching providers because they don't want the hassle. Photo: Tony Gavin

Mike Grogan believes some people don't look into switching providers because they don't want the hassle. Photo: Tony Gavin

“I switched in November because a deal I had [with another company] was coming to an end,” Mr Grogan said.

I’d been keeping an eye on the bills and felt they were high last winter. I made an enquiry in early September [to the provider I was using] and realised the rate we were at was due to expire. I anticipated the bills would be even higher this winter and of course, with inflation too.

“If I hadn’t switched, the bills would have gone up by about 20pc on gas and by about 25pc on electricity.

“If we can save around €455 in a year, that’s much better. If a person were to be given that kind of pay rise in their job, it would be substantial, so I’m very happy with that.

“A lot of people do let this go – they don’t want the bother. But I honestly don’t see why I should pay more when I don’t have to.

“Now it does take time, to research a bit and make phone calls and you might be put on hold when making calls, but it’s worth it.

“I am a pensions and retirement consultant. That’s a job that’s all about planning for the future and I’m a person who’s just savvy about making savings.

“If people can make small savings, they can lead to big savings if they switch to different services.”

Mr Grogan has also recently invested in a new boiler with an SEAI grant, so he’s very curious to see just how much that will save him too.

And as well as saying he’s saving financially on the switch, the father said his new supplier’s “message” on climate responsibility also convinced him to switch.

“I’ll be keeping an eye on the bills and hoping to see savings – it will be interesting,” he added.

Laura Lynott

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