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Choosing a fuel supplier

 

We have all been approached by representatives from gas and electricity companies asking us if we want to switch supplier.
 
You might wish to switch to another supplier:
 
  • to save money
  • to get a better service
  • to get additional services

 

 

To work out how much you will save you need to know how much gas and electricity you have used over the previous year which you can see on your bills. Savings promoted by companies are average figures, and if you use more or less than average, or use a different payment method, then these savings might not be realistic for your household.

 

The easiest way to find the cheapest supplier is to visit a website such as www.uswitch.com . You can then enter details of your current energy costs and payment methods and the site will tell you if a cheaper option is available.

 

However, saving money is not the only consideration and you should also find out:

 

  • how long will it take to change?
  • what payment methods are available?
  • will I get a discount for paying by direct debit?
  • what other services are on offer e.g. discounts for insulation and boilers?
  • what services are offered for older customers e.g. free gas safety checks?

 

 

Green energy

 
Alternatively you may like to support renewable energy by choosing a 'green' electricity tariff. Generally you pay a small extra premium and there are two types of tariff available:
 
  • Renewable Tariff
    If you were to switch to a renewable energy tariff, the electricity you receive will arrive through the same cables and wires, but for every unit of electricity you use your supplier will buy a unit of electricity generated from a renewable energy source such as wind power, hydroelectricity or biomass
 
  • Eco-Funds Tariff
    This is where the additional premium is invested in new renewable energy projects. This is in the form of a fund, usually developing community based renewable energy projects
 
A useful site for comparing green energy tariffs is u-switch
 
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Page Last Updated: 11/16/2006
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