Domestic Gas and Electricity
Savings Made Easy
Why Switch Supplier
Since 1999 when the energy prices were deregulated, competition between suppliers meant that customers could switch supplier and save. Millions of UK customers have switched supplier and enjoyed massive savings. If you have never switched you can save as much as GBP1000. The benefits far outweigh the effort since it is far simpler than one would expect.
It has been found by the DTI that 90% of customers that decided to switch found the process uncomplicated. There has been a new rule which introduces a 7 day cooling off period from receipt of the welcome pack to allow the customer to confirm information from the new supplier. It was also shown that the main reason customers choose to switch is to save money.
In February 2007 OFGEM made a statement:
“Energy companies have a choice: cut prices or lose customers”
To find out more about OFGEM click here
The cheapest option is to enter into a dual fuel contract where both electricity and gas are provided through the same supplier. Another way to enjoy greater discounts is to pay your bill by monthly direct debit as opposed to being billed quarterly and paying by cheque or cash, often customers who pay by monthly direct debit can get a cheaper tariff as well heck with your supplier to see if you can save more.
It may not always be necessary to switch supplier, instead simply choosing to switch to a lower tariff can save you the most amount of money. PCM Switch can also assist in this regard.
Click here to get more information on Energy Tariffs.
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