Around 650,000 Welsh households are missing out on their share of £2.7 billion by sticking with their energy company, according to the Welsh Office.

By shopping around and taking advantage of the best energy deals on the market, millions of people can save around £200 – representing a potential saving of £130 million off bills.

The ‘Power to Switch’ campaign encourages people to switch supplier and save money by visiting BeAnEnergyShopper.com.

With 26 energy companies on the market and some fixed deals £100 cheaper than they were a year ago, there’s never been a better time to find a great deal, switch and save.

Launching the campaign, Energy and Climate Change Secretary Ed Davey said: “When it comes to switching, the power is in people’s hands to get a better deal and save.”

Wales Office Minister Baroness Randerson said: “The ‘Power to Switch’ campaign is a great opportunity for people across Wales

“Simply by switching suppliers, people in Wales can keep more of their hard earned money and gain more financial stability.

“I would urge consumers to visit the website to see whether switching suppliers could save them money”

Martin Lewis, Money Saving Expert, said: “We need to shout loud about the benefits of switching tariff.

“Too many people think energy firms are ‘all the same’.

“That’s far from true, there are huge differences on both price and customer service. “

For more information about how to switch energy supplier visit BeAnEnergyShopper.com or call the Energy Saving Advice Service on 0300 123 1234.