At a time when everyone seems to need to save as much as they can, if you can cut the cost of your regular monthly outgoings, such as by using https://youtubetomp3shark.com/ to download music or on your electricity bill, you are likely to see the extra savings adding up over the year. Here are 9 tips you might find useful for starting to make some savings on your electricity bill:
At the moment it is the ideal time to consider switching your energy supplier as the winter price hikes from the big six suppliers – SSE, British Gas, Scottish Power, Npower, EDF and Eon – are no longer an issue.
To beat future price hikes, you can look at opting to take out a fixed tariff that can sometimes last for up to 4 years. Be careful though because some of them will charge you exit fees if you decide to leave without seeing your tariff through to the end.
2. Join The MSE Cheap Energy Club
Money Saving Expert offers a Cheap Energy Club that constantly compares tariffs to make sure you are on the cheapest one available. Initially, they find you the cheapest deal, which is a useful tool in itself, but after that it will still constantly monitor your tariff and inform you when you could be making a saving. You can decide when you want to be informed, such as when you can make a saving of £25 or of £250 a year.
3. Switch To A Monthly Direct Debit
A switch to paying your direct debits monthly could save you up to £90 a year. This is because the companies are pretty certain you won’t default and they can earn interest on any overpayments that are made.
4. Don’t Assume Duel Fuel Is The Cheapest Option
If you opt to get gas and electricity from the same supplier, some companies will try and convince you this is the cheapest way to do it, which it probably is if you are just using that company alone. Make sure you check the price of using two different suppliers as this can sometimes work out cheaper.
5. Save On Your Key/Card Meter
If it is possible for you to do so, you should consider making the switch to a billed meter. Although you have to pay for it, you will find that the savings make up for it in the long run.
Sometimes people can’t make the swap due to income difficulties or a credit score. If this applies to you, you should look into applying for a Warm Home Discount. This gives you a £140 discount on your electricity bill in the winter of 2014/2015 if you meet the criteria.
6. Are You Owed A Refund?
It could be worth checking if you are part of the 3.5 million people who could be due a refund from a past supplier. This could be for overpaying bills before you switched to your current supplier or leaving when you were in credit and it wasn’t automatically refunded.
7. Use Less Energy
Although it seems like one of the most obvious answers, some people don’t realise the amount of electricity they use that is of little or no benefit to them or that could be avoided altogether.
Simple practices such as wearing more layers rather than turning the heating on for an extra hour are easy enough to act upon and there are other things you can do just once and reap the benefits, such as switching to energy saving light bulbs. They might seem odd or annoying at first, but you will get used to them.
It is also useful to set time aside to defrost your fridge and freezer so they don’t have to work as hard and make sure that you don’t leave electrical goods on standby. A good rule to follow is that if you can see a light on it, be it a small indicator light or a clock, it is using electricity. Considering most of us have our phones with us the majority of the time and use them to check the time, does it really matter if the cooker clock is the wrong time?
8. Do A Meter Reading When You Get Your Bill
Most people pay their bill based on the energy provider’s estimate, which aren’t always very accurate. If they aren’t charging you enough, this can creep up on you and you can be charged a huge sum at the end of the year, and obviously if they are charging you too much, it means they have gotten extra money out of you.
If you pay by Direct Debit and it is nowhere near the amount of electricity you have used, you can ring your provider and ask for it to be changed.
If you are not getting the quality of service you were promised when you signed up, for whatever reason, you should inform your provider.
Keep a record of all the dates, times and people you have spoken to and if you feel your complaint isn’t being dealt with efficiently, you should considering writing a letter to explain your issue and what you would like the outcome to be.
If this fails to provide a suitable response you can always contact the Energy Ombudsman.
If you would like any further energy saving tips or advice, there are many websites that can help you, including the Energy Saving Trust.