Did you know?
£56,058 was the average household debt (including mortgages) in February 2012.
Source: Credit Action (www.creditaction.org.uk)
Reduce Electricity Bill
It is possible to reduce your electricity bills without changing your usage but by simply changing to a cheaper supplier. Just like any other commodity you don't have to stick with your current supplier if you find that another one will be cheaper. The change is a simple process and no one needs to come to your home or change anything other than the details of who you want to get your electricity from.
Compare providers and switch to save
Save up to £389* on your energy bills
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* The compareandsave.com utilities tool is powered by Energyhelpline, who is fully accredited to the Consumer Focus Confidence Code. At least 10% of customers who used energyhelpline to switch their gas and electricity between 1 July 2010 and 4 October 2011 saved £389 a year or more. The average saving was 16%. During the last round of energy price rises (June 2011 - September 2011), prices rose by 14.4% on average across the big six energy suppliers. |
Cheaper Energy Solutions
The three main elements of an electricity bill are the per unit price, the number of units you use and sometimes a standing monthly charge. By finding a supplier who charges less per unit you can bring your bills down, and with online comparisons searching for a cheaper supplier is very easy.
Sometimes consumers want to change supplier for reasons other than price for instance if they are not happy with the service they get in terms of billing or if they want to choose a supplier who guarantees that their electricity will be green energy, that is, electricity that has been produced with no carbon emissions. In fact sometimes green electricity will mean a slight increase in price per unit. Whatever the reason for switching supplier the process is the same.
Electricity suppliers try to offer price plans and payment methods that suit their customers and for most people that means a way to even out the seasonal variation of energy use and its resulting expense in winter. Although suppliers will be flexible in payment methods because they direct debit they will usually offer some form of discount to direct debit customers.
The overall price of electricity is governed by an open market so it does fluctuate and that's why some consumers opt to take a fixed or capped unit price deal. This means that they know how much the electricity unit price will be for a set amount of time. The fixed unit price has no impact on actual energy usage so bills can still increase inline with increased usage.
Reduce Electricity Bill Top Tips
- You shouldn't notice any difference at all in the supply of your electricity when you change supplier (apart from the cost)
- It is possible to set an upper limit on unit price but it will mean that you are tied to that deal for a set amount of time
- There is a large choice of suppliers but your location and post code will decide which ones are available to you
- It doesn't take long to compare suppliers online and it could result in you saving money
Gas And Electric Blogs
- British Gas removes cheapest internet tariff in a bid to “simplify” offerings 15 Nov 2011 | Read More ›
- Winter fuel poverty crisis looms for 8.3m UK households 20 Oct 2011
- The pros and cons of locking into a fixed gas and electric deal 10 Oct 2011
- Why haven't regulators been stricter about rising energy prices? 22 Sep 2011
- More energy price rises – here are the best tariffs to beat them! 20 Sep 2011
Product Offers
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.