Utility Switching is Easy
For the first time in many years the cost of gas and electricity is actually coming down, but if you don’t start shopping around you might find yourself stuck on a price plan that means you’re paying way more than you should for your energy.
The average energy bill in the UK is over £1,200 per year, but there are better deals out there if you’re prepared to shop around.
By comparing the prices on offer from all UK gas and electricity suppliers (which you can now do right here with my easy price comparison table) you could join thousands of people who are saving over £300 a year with a simple switch of providers.
To compare energy suppliers it takes you around 5 minutes, and if you find a cheaper provider you could be paying less for your gas and electricity bills in just a couple of weeks.
Using my comparison table is completely free and it shows the entire market, so you can rest assured that you will find the best deal out there for you and your family, and if you’re overpaying right now I can help you make some big savings.
What should you look out for when comparing energy providers?
Like most things, there are a few choices when it comes to your energy providers. For example, you will see some deals that are ‘Fixed Rate’ and some that are ‘Variable Rate’.
It’s often safer to go for a fixed rate, which means that for a certain period of time you know exactly how much your energy bills will be, so no nasty surprises. Fixed rates though also won’t have any nice surprises, so if the price of energy drops you won’t feel the benefit with a fixed rate. Final word of warning – some fixed rates come with a fee if you switch before the agreed period of time runs out.
A variable rate is risky if energy prices go up, as it means you could pay more from one month to another – but if you go with a variable rate and the cost of energy goes down you will find yourself making savings.
Another thing to look at when shopping around is whether or not it’s cheaper for you to have one supplier for both gas and electricity. Many companies offer Dual Fuel, and sometimes there are incentives to sign up to one of these so they can often be cheaper than using two different suppliers. My advice here is to make sure you actually compare Duel Fuel providers with single energy providers to make sure you are actually getting the best deal on the market.
What should you do before comparing energy companies?
First of all you need to know who currently provides energy to your home. I know this sounds obvious but when I moved into our house I hadn’t got a clue who provided the gas and electricity so I had to do some detective work.
Often the supplier will have been notified by the last owner / tenant and they will simply send a letter out addressed to ‘the Occupier’ which will tell you what you need to know, but sometimes people will just move on and leave you to work it out.
To find out who provides your gas you can call the Meter Point Administration Service on 0870 6081524.
To find out who provides your electricity you can call your local distribution company – numbers as follows:
Scotland North 0345 026 2554
Scotland South 0330 101 0222
North East England0800 668 877
North West England 0800 195 4141
Eastern England 0330 202 2021
Southern England 0345 026 2554
South West England 0800 678 3105
South East England 0330 202 2023
London 0330 202 2022
Yorkshire 0800 375 675
Merseyside and North Wales 0330 101 0400
South Wales 0800 678 3105
West Midlands 0800 678 3105
East Midlands 0800 678 3105
Secondly, you need to know how much energy you’re actually using. This sounds obvious too, but many energy bills will be calculated on estimates and not actually properly worked out until you provide the company with meter readings – so the answer here is simple – give your energy provider regular meter readings so you know exactly how much energy you are using. If you have your latest bill handy this will give you a good indication.
Did you know this you can also install digital displays in your home that monitor the amount of electricity being used at any one time? These are amazing (if not a little scary!), but very useful in seeing how much you need and how much you waste – you’ll be amazed at how much you can save by simply turning off the TV (instead of leaving it on standby) and by making sure you turn off lights when you leave the room.
So, if you know who provides the power to your home and how much you need each month you’re now ready to start saving on your monthly gas and electricity bills by comparing the providers on the market and switching to whoever gives you the best deal.
Don’t forget to do this regularly! Just because one supplier is cheapest for a year or two, doesn’t mean they will be cheapest for ever – so keep checking and if you need to, keep switching – this way you are always in control.
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