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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. Read more...>

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.

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