Learn the Best Ways to Deal with Ever-Increasing Energy Price

By  //  September 17, 2019

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Do you know you’ve been paying more – a lot more than you should – for using gas and electricity from your regular provider? You probably do.

Do you know you’ve been paying more – a lot more than you should – for using gas and electricity from your regular provider? You probably do.

If you’re like most people, the chances are you’re still unaware of exactly how much money you can save by comparing and finding better packages. It’s no small change.

As found in Simply Switch Energy Supplier Survey 2019, 15% of 1,412 dual fuel energy customers are on their standard variable tariffs (SVTs) and have never thought of switching supplier for a better deal.

The same survey also shows that more than 34% have used the same supplier for more than 2 years.

If you happen to be in this group, it is time to take things seriously and think of finding ways to save your hard-earned money you have automatically been handing over to your energy provider. 

Tips for Lowering Your Energy Bills

In today’s world, every penny saved is a penny earned, and the same holds true for the steps you take to limit your energy bills. Heating your home is the main culprit but simply installing a programmable thermostat will help cut costs.

There has always been a debate about which is more cost-effective, keeping heating on low constantly or having the heating on higher at the times you are home. 

With recent concerns about the high costs of staying warm compatible older homes and houses with elderly owners have taken advantage of subsidies and grants that cover virtually all the costs insulating loft spaces and injecting insulating material between the outer and inner walls.

The savings can be considerable so if you think you could be eligible it is worth investigating which schemes are operating in your area. 

Using Comparison Sites to Switch Suppliers

It is true that monitoring your usage and taking steps can help lower your household energy expenses, but eventually, it comes down to the package you’re using.

Now that the big six monopoly on energy supply is well and truly broken, there are many smaller energy providers that offer a wider variety of packages. Many smaller providers have online deals, duel fuels deals and arrangements for users to save money further by using switch and comparison sites they are affiliated with. 

This could result in savings of up to £399 a year and is simple to do without any interruption to your supply.  Many statistics show that more than 66% of consumers who decide to switch suppliers do so through a comparison site. 

The fact of the matter is that switching energy suppliers is still confusing or rather the idea of switching. Even today, when the public are being told to shop around and switch, there are ineffective and inaccurate comparison sites which leave some service users wishing they had not bothered.  

However, the market is becoming stable now and there are trustworthy comparison sites that have clarified their information and simplified their procedures between companies to enable easy, stress-free switching as government legislation demanded. 

As fuel prices have continued on a steady increase and look set to continue that way, now more than ever it makes sense to spend some time finding out and comparing your options to try to land on the right side of the next Simply Switch Energy Supplier Survey 2019.

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