Gas Electricity Price Comparison Tariffs

Gas electricity price comparison websites are useful to gauge the prices that various suppliers can offer you

. Many companies will offer you discounts to switch to their tariff. These prices often seem very attractive and it is tempting to go for the deal with the cheapest upfront price. However, some tariffs come with what are called exit fees. A company will charge this when you switch to another supplier. But when does an exit fee apply and is it worth paying it to get the cheaper deal?

In 2020, energy suppliers intend to supply all UK households with smart meters that can measure precise energy expenditure. This will allow suppliers to reduce costs and put an end to estimated bills. However, at this current point in time estimated bills are still a reality for many households. This can often make price comparisons difficult, especially as they may only be aware of their energy use when someone comes to read the meter. There are numerous options both for measuring energy usage and reducing the energy expended to get better rates and tariffs. There are also some tariffs that reward lower usage.

Some websites offer a rough estimate, based on the average energy expenditure of a house. For example, a two bedroom household uses an average of 15,000 kilowatts per hour of gas and 4,000 kilowatts of electricity. For each bedroom, it is estimated you can add another 2500 kilowatts for gas usage and another 250 kilowatts of electricity.

Many companies offer home energy monitor kits that can help you measure the amount of energy that you use. Some kits measure the energy of the entire home, while others can be used to measure the energy usage of individual appliances. Some companies offer trade ins for less energy efficient appliances such as televisions and boilers, so it pays to find out more.

Some energy suppliers are offering cheaper online tariffs. There are currently 3.5 million households that use this method, reducing costs by getting billing via email and meter readings online. In order to take full advantage you need a regular internet connection so you can keep an eye both the readings and the prices.

As your deal nears its expiration date it is likely you will probably be contacted by your supplier. Being more proactive though is probably better, so if you make the call yourself you can make your supplier aware of your switching intentions.

Government grants are available that provide insulation and advice on reducing energy consumption. Some suppliers work on a demand basis, so that you pay less at non peak times.Another option is a dual fuel tariff. This means that you get your gas and electricity from the same supplier. Many people find this option easier as it means they only need to deal with one supplier and therefore only one company to contact in the event of any complaints. It is worth monitoring this kind of offer, as many companies often offer discounts to encourage dual fuel customers. This option is also often combined with an online account for further discounts.

Gas Electricity Price Comparison websites offer an ideal service as prices remain unpredictable in the current market. With the ability to compare prices, customers now have the power to choose what is right for them and not be at the mercy of the market.

by: Dola Raheem

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