Page last updated at 09:51 GMT, Friday, September 23 2011
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 buy only green electricity
- 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
or the Energy Shop.
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?
- how much of their electricity is sourced from renewable
sources?
- 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
The Office of Gas and Electricity Markets (Ofgem) has just
published a new labelling scheme for 'green' electricity tariffs,
called the "Green Energy Scheme"
If you would like to know more about how you can purchase your
electricity from renewable sources you may wish to use this guide
to switch.
If you would like to support renewable energy you can
choose a 'green' electricity tariff. Generally you pay a
small extra premium. 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.
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