Since launching in January 2018 Look After My Bills has garnered over 150,000 members and save people on average £251 a year by comparing the market for you!
They accepted the best deal in the history of Dragons Den, selling just 3% of the business for £120,000 by showing how their service can automatically switch people to a cheap energy deal every year.
How It Works
Once you are signed up via the website, Look After My Bills only email once they find a great deal and automatically switch you. You then have 14 days to renew or cancel, it is done this way so that you don’t miss out on any amazing offers.
They pride themselves in dealing with only reputable suppliers who meet their service standards and the who process is free for us as there is a flat rate payment from the suppliers.
2019 is hoping to bring broadband to the comparison deals too.
Would This Work For Me
Personally I think this is something exciting as I am constantly filled with good intention. I say I will check comparison websites but then I am faced with a mountain of information, so much so, that I get bored or distracted. For the past few years I have stayed with the contracts I am in, more out of convenience than anything else as I really do know I could get cheaper else where.
Industry Stats!
Did you know that during 2018 only 18% of people switched their energy (I was not one of them!) and for the past 2 years over 57% of people have been found to be on standard tariff – which are the most expensive ones available!
It just makes sense to let someone else take all of the hassle away from switching, I know I am going to go sign up now as my contract is coming to an end on both electric and gas.
I will report back with how much of a saving we made.
