By comparing gas and electracy tariffs that and choosing the best deals, you could save up to £200 or more a per year.
There are a number sites you can compare energy prices. It is a good idea to check on a few of them to see what energy deals and prices available.
Here are provides we have selected that are recommended by Ofgem.
Should you switch energy supplier
Energy prices have become even more expensive so finding cheaper suppliers and tariffs will save you money. On average a household can save up to £200 or more by switching energy suppliers.
This is even more so for households that are on Standard tariff for their energy.
If your contract with an energy supplier has ended, you will most likely be put on the Standard tariff by your energy supplier. Hence, you will not be getting a good deal and be paying more per unit of energy.
This is the time to look for a better deal in order to save money.
What is the standard tariff?
The Standard tariff is the least value energy price that you could be on. With the Standard tariff you are not getting the best deal for your money.
Your unit of energy will cost more when you are on the standard tariff. If you were on a contract with your energy supplier and you contract has finished, your energy supplier will most likely move you over to their standard tariff.
Energy through a payment meter
If you are getting your energy by a payment meter, you are getting the worst value for your energy. Therefore, if you want to save money on your energy bills, you should get off it. If you want to, you can ask your supplier to take you off your payment meter.
If you owe money to your energy supplier, and you are paying that back through your payment meter, then they might not take you off it. You can ask them, to take you off, after you have paid back the money you owe them.
Do I need to switch supplier to save money on my energy bill?
If you are shopping for energy, then you should look around and see what are the cheapest options for you. This might involve you having to switch your energy supplier.
Sometimes, you might get a good deal from the supplier you are with by asking them for a better deal. Don’t forget they will not want you to move to another supplier if they can avoid it.
When is the best time to switch energy supplier?
The best time to switch energy supplier is when your contract has finished with your energy supplier. At this time, you will not get a penalty for leaving your contract early.
Selected Comparison Sites
Here are the comparison sites that we have selected. They are all Ofgem recommended.
Uswitch
Uswitch was founded in 2000. They are a popular company that people use to switch energy.
Uswitch has been rated 4.6 Stars out of 5 Stars on Trustpilot (Excellent).
Get a quote from Uswitch, here: Uswitch Energy Quote.
Simply Switch
Simply Switch enables you to switch for a range of products with them.
On Trustpilot, Simply Switch has been rated 4.3 Stars out of 5 Stars by their customers (Excellent).
Get a quote, here: Simply Switch Energy Quote.
Quotezone
Quotezone provides comparison on a number of products as well as energy.
They have been rated 4.7 Stars out of 5 Stars by their customers on Trustpilot (Excellent).
Get a quote, here: Quotezone Energy Quote.
The Energy Shop
The Energy Shop provides home and business energy.
They have been rated as 3.5 Stars out of 5 Stars by their customers on Trustpilot (Average).
Get a quote, here: Quotezone Energy Quote.
Additional Information
Money Advice Service
For debt management and advice on how to pay for bills go here: Money Advice Service info page.