If you are one of the many people who think they’re paying far too much on gas and electricity bills, the good news is there may be a way to combat such bills.
Of course, with practically all the big UK energy firms bumping up gas and electricity prices, it can be off putting to even look into the alternatives, but you may be losing out on savings of up to £300.
To try and help you combat the gas and electricity bills then, I’ve put together a handy guide on what you can do.
The Old Switcheroo
Constantly switching (within reason of course) energy providers can help keep you on the cheapest possible gas and electricity deal. The problem is, for whatever reason, people seem to be wrapped up in a lot of myths and preconceptions about what it involves.
If you have never swapped deals, then you might be one of those lucky ones able to rake in a saving of up to £300, but that doesn’t mean individuals that have swapped from time to time can’t save a bundle.
Price comparison sites will give you a handy little guide on the latest deals from the energy firms, but if you read energy industry news you should also see stories on hot new deals from time to time too.
Comparison sites will often offer you the quickest way to swap to a cheapest deal as it simply involves filling in the appropriate online forms, using your postcode and general information on power usage.
One word of advice with this is to ensure you have accurate figures to hand so the website can offer truly comparable deals for your perusal – so it is best to spend a little time researching before you start to put pen to paper on a deal.
Fix Up. Best Price?
A fixed term deal can be a good way to get cheaper gas and electricity in the long run, however you will usually paying a little more from the offset for that added level of security. What you really need to decide then is whether the safety net of a fixed rate deal, is better than opting for a different deal, which may be hit with a price hike in the future.
Just Who Is The Cheapest?
This is a trap you can fall into when looking for the cheapest possible deal on gas and electricity. Signing up for the lowest price deal, doesn’t always mean that is what you will actually get.
Often the offered deal often applies to set circumstances or even from region to region so again research is the order of the day.
It is hard to pick the cheapest deal to outline going on what I have already said, you will just need to look into the deals in your area and work from there.
Other Tips On Gas And Electricity Saving
Where possible avoid prepaid meters and instead use a normal meter. When it comes to meter readings it is also in your interest to provide your energy supplier with regular meter readings rather than using estimates as this can also save you a fair chunk of money.
Even switching to online payments can save up to ten per cent, so it is worth investigating such options with your energy firm
Louisa Jenkins is a home improvement expert. She also blogs on measures to improve the energy efficiency of a home and the best ways to get low gas and electricity bills.