Ofgem has introduced its new Tariff Comparison Rate, but this will only tell customers the representative price for a medium user of both gas and electricity.
According to Which?, only a quarter of UK households actually use this level of energy, which leaves the majority of people making price comparisons based on the wrong numbers.
Many people are in debt to their energy provider and in some cases this has happened because the consumer has been paying more than they need to.
It is important for those currently struggling with their finances to assess their energy bills as there could be some large savings on offer.
Which energy tariff is right for me?
The best way to find the right tariff for you is to use your actual readings instead of estimated price comparisons. How many units do you use in a month? Does this vary?
Find the average usage for your household and get quotes based on this from a number of providers. Make sure you know the facts – is it a fixed or variable rate? Is there an early exit fee? Direct Debit discount?
[polldaddy poll=7058360 align=”right”]Do your research – if you think you are paying too much for your energy – you probably are.
Compare the comparison sites, find out what is most suitable for your lifestyle, speak to advisors, regularly read your meter and be savvy about your usage.
British Gas are the first provider to include information about how much you could save by switching to another tariff on their bills and it is likely that others will follow suit – so if you haven’t got the internet to check tariffs you can still find out how much you could be saving.
Share your experiences and help others choose the right provider for them.
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