| There are many suppliers to choose
from, regardless of where you live in the country. You can choose
separate companies to supply your gas and electricity, or you can
choose one company to supply both – this is known as ‘dual
fuel’.
In order to compare the prices being offered by different suppliers
with the price from your current supplier, you will need to calculate
how much you are currently paying for your fuel each year. You can
work this out by looking at your last four quarterly bills. You
will then need to find out how much other companies are charging.
Energywatch can provide up to date price comparisons – visit
www.energywatch.org.uk
for more information.
Always consider the following before signing up to a new tariff:
-
Compare the cost of the new scheme with what you are paying
now
-
Base your calculations on how much energy you actually use
per year, rather than upon the amount an average household may
use
-
Ensure that you compare deals on a like-for-like basis. For
example, monthly direct debit with monthly direct debit
-
Check whether fixed prices offered under some tariffs are due
to increase in the near future
-
Read the small print in the contract
-
If considering a ‘dual fuel’, compare the cost
of all your existing services with those services on offer,
to ensure that you will be saving money overall
-
Check for any penalties you may have to pay if you leave the
scheme or if you change to another tariff before the contract
ends
Click here for a table explaining
the process.
|
