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Estimated savings: how to read the disclaimer correctly

Switching 101

"Up to 20 percent off" usually means a 7 percent average. The 4 disclaimer phrases that re-frame any savings claim, plus the FTC rule that backs them up.

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Disclaimer phrase decoder

"Up to" = best case. "Average" = typical case. "Potential" = modelled. "Estimated" = calculated.

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Energy supplier savings claims like 'up to 20 percent off' are typically based on best-case customer usage at the prior peak utility default. Average customer savings is much lower. Four common disclaimer phrases: 'up to' (best case), 'average' (typical case), 'potential' (modelled), 'estimated' (calculated, never guaranteed). All four mean different things. FTC rules require disclaimers to be readable and proximate to the savings claim.

The 4 disclaimer phrases

'Up to X percent': best-case savings under specific conditions. Often unachievable for most customers. Average customer experiences 30 to 50 percent of the 'up to' value.

'Average X percent': typical savings across the customer base. More realistic; still varies by individual usage profile.

'Potential X percent': modelled savings under modelling assumptions. Footnote will detail the assumptions.

'Estimated X percent': calculated using specific inputs. Never guaranteed. Most accurate when paired with your actual usage.

FTC rules on savings claims

Disclaimer must be readable and proximate to the savings claim. Fine-print disclaimers many lines away from the claim violate FTC rules.

Substantiation: the supplier must be able to substantiate the savings claim with data. The FTC can investigate unsubstantiated claims.

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Common questions

Quick answers from the editorial desk

Percent claim accuracy?
Up to claims are best case; average customer typically sees 30 to 50 percent of the up-to value. Average claims are more realistic but still vary by customer profile.
Typical vs average?
Different statistical definitions. Typical = median customer. Average = mean across all customers. Outlier high-usage customers can skew the average up.
When sue supplier?
For unsubstantiated savings claims, file FTC complaint and state PUC complaint. Both can investigate and impose penalties.
Report misleading?
File state PUC complaint with screenshots of the misleading claim. PUC investigates and can order corrective action.

Further reading

Pillar guide, cluster siblings, and state pages cited above

Sources

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