BIG Energy Saving Network
Published on 11 January 2018 01:31 PM
Could you get £140 off your electricity bill this winter?
Under the Warm Home Discount Scheme you could make a huge saving you never knew about...
The money isn’t paid to you - it’s a one-off discount on your electricity bill, between September and March.
You may even be able to get the discount on your gas bill instead if your supplier provides you with both gas and electricity.
Is £140 worth missing out on?
Getting the best energy deal?
This fact sheet looks at how you can get the best deal on your energy by switching tariff or supplier. This can help you to save money, or keep your home warmer without spending more.
How do you pay for your energy?
Think about how you would like to pay for your energy and how often.
Common payment methods are:
--> Pay on receipt of a bill by cash or cheque or online banking.
--> Pay monthly or quarterly by direct debit – this can be a set
amount each time or vary according to energy usage.
If you pay a set amount, you may overpay or underpay, particularly if the weather is milder or colder than expected or if you are on holiday or in hospital.
Some payment methods are cheaper than others. For example, paying by direct debit is usually cheaper.
All it takes is a quick phone call to your energy supplier to switch and start saving today!
All set and ready to switch?
For a whole-market comparison, you can use the Citizens Advice price comparison online tool https://energycompare.citizensadvice.org.uk/
This tool cannot carry out a switch, but may be the easiest way of
comparing all available deals.
Alternatively, why not pop in to our office today in Mill Street and we can help find a deal for you.
Does your current contract carry an early termination fee?
Check with your existing supplier whether you have a fixed-term
contract. If you do, you may face an early termination fee as a penalty for cancelling your contract before the end of the term, which can offset the benefit of switching.
--> Your supplier should not charge this fee if you switch in the weeks before your contract is due to come to an end. This is known as the ‘switching window’ and starts 49 days before your contract ends.
--> Your supplier must write to you at least six weeks before the contract ends to tell you about it.
--> Your supplier cannot charge an early termination fee if you are looking to switch because they are increasing their prices.