Get the most accurate energy tariff comparisons and make the most of your energy supplier switch with TotallyMoney.com’s how-to tips.
1. Grab your bill
It’s fine to use estimates to compare energy tariffs. But you can ensure that the rates shown are as accurate as possible by using your actual utility bills to work out how much energy you’ve used.
2. Do dual
Because energy suppliers want you to buy both gas and electricity from them, dual tariffs tend to offer a better deal than buying them separately.
3. Pay direct
Some payment methods are cheaper than others. Paying by direct debit can help you avoid the monthly fees and charges levied on other payment methods.
4. Online accounts
Some energy suppliers provide discounts or other incentives, like vouchers, for online account management.
5. Time your switch
TotallyMoney.com’s comparison calculator and switching tool is free to use. However, some energy suppliers charge fees for early cancellation, especially for fixed term tariffs. Check your contract for details and balance your potential savings with any termination fees.
6. Keep current
Before you switch, make sure you’re not behind on your payments with your current energy provider, as this could prevent you from switching.
7. Don’t forget the debit
Remember to cancel your direct debit with your current supplier as soon as you’ve received confirmation of transfer – and have paid your final energy bill.
8. Mind your meter
Take a meter reading on the day of your switchover. You can then compare it against the final bill from your old energy provider – and use it as the starting point for bills from your new provider. That way, you’re less likely to overpay due to a billing error.
9. Keep an eye on news
Whenever you hear about rate increases or decreases nationally, or in your area, it’s a good time to shop for new energy suppliers. Movements in the energy market can yield substantial savings for consumers.
10. It pays to shop around
Smart shoppers check out energy prices at least once a year. TotallyMoney.com’s comparison calculator and switching tool makes it easy for you to see if you could switch energy suppliers and save on gas and electricity, today.