8 Mar 2015

Use Your #PowerToSwitch

What would you do if you had an extra £200 jangling around in your pocket? I would put it towards a holiday. Or an extra special day-out for all the family with a nice meal thrown in.

Something as simple as switching your energy provider could bring you savings of up to £200 a year. You heard it, I did say it was simple. Switching times have now been cut in half to about 17 days, down from 5 weeks last year. The tariffs and discounts have been streamlined and the pricing structure simplified.

Moreover, the government is promoting the #PowerToSwitch campaign and encouraging new suppliers into the energy market. So now you have 27 independent suppliers to choose the best deal from via www.BeAnEnergyShopper.com

#PowerToSwitch


Why this website, you ask. It is where you will find all the Ofgem-approved comparison sites under one roof. That’s not all. If you feel overwhelmed by the whole energy switching process, they have a very handy step-by-step guide to take you through all that you need to know.

This year, we switched energy suppliers and have made a saving of £90. It was all quite easily done. We knew what we were paying on a duel fuel direct debit with our provider. We popped in all the information and got a list of suppliers that offered to save us money if we switched.

Now, did we pick the first name off that list? No, we didn't, because cheapest does not necessarily mean the best. It is important to know what you are looking for in an energy provider. We wanted to save money, but customer service was a big consideration as well. The other really important things we checked were a tie-in period with the new contract and if there was an exit fee to pay if we decided to opt out before the fixed-term ended.

Personally, I don't like the idea of being tied in to an energy provider for any length of time because it means I could be stuck on an expensive tariff if a newer, cheaper and better deal comes onto the market. For there is one conclusion I have drawn after this switch. I will be monitoring energy deals and will exercise my power to switch on a regular basis.

A penny saved is a penny earned. Especially important when it is to go into the family holiday fund.

Disclaimer: I'm working with BritMums and DECC alongside the #PowertoSwitch campaign. I have been compensated for my time. All editorial and opinions are my own. Visit www.BeAnEnergyShopper.com for more information about switching energy suppliers.

25 comments:

  1. Fantastic post with some great advice! Thank you x

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  2. I need to check this out as our monthly duel fuel payment recently increased by over £60 a month. I've never had to pay such a high monthly direct debit.

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  3. Great advice. I've actually never switched energy suppliers so I really should give it a look into. Would be nice to see if it would save us money!

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  4. We have saved a considerable amount doing this, it's always good to check!

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  5. Switching suppliers is a great way to save money I must say. It's always work checking every year.

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  6. I keep meaning to check out how much I could save by switching, thinking of it this way has really spurred me on. Thank you.

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  7. Good advice - we didn't go with the absolute cheapest either.

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  8. I am one of those people that switches when out contract is up or at least checks out prices and sees if our provider will match it

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  9. So important to continue to check, I must admit to not checking for a while now. Must do something about that. Commenting for myself and BritMums thanks for taking part.

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  10. I should really look into switching, we've been with the same provider for years and I'm sure there's better deals to be had. I just need to get round to doing it! xx

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  11. thank you for the great post with fantastic advice x

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  12. Thanks for the information, definitely something I need to look into .....who doesn't need to save some pennies (or pounds)

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  13. I really need to look at my suppliers and prices!

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  14. Great post and definitely something I need to be looking at for sure x

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  15. I really need to do this, I keep putting it off

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  16. Oh my i never check i could save so much i always think it will be a faff!

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  17. I should make more effort to check out who the best energy supplier for me would be. Bet I'd save some money

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  18. We are just moving house and will def be checking that we are on the best deal rather than just accepting the one we have been popped on as new tenants.

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  19. great advice, we switched last year and saved loads

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  20. Comparing energy tariffs and switching providers has always been complicated in the past. Let's hope this new initiative really does make it easier for us all.

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  21. Some greatadvice. Thanks for sharing.

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  22. I heard about this recently - Its defiantly something to consider - Who wouldn't want extra money to spend?
    Like Laura above said, energy companies used to make it so complicated in the past almost trying to scam people. This is perfect.
    Thanks for sharing funny
    Charlotte x

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  23. I would be booking a night in a hotel by the sea if I had some spare cash!

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  24. I've been thinking about changing over just today actually! I would totally go for a spa break with an extra £200! x

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