It’s always good to look for new avenues of saving money. Reducing your energy bill is a great place to start. By switching energy suppliers, it is possible for you to save a lot of money every year. What’s more interesting is; it’s not a tedious and time-consuming process as many people are led to believe. In the UK, you just need a recent energy bill, your postcode and approximately 10 minutes. It is possible to switch energy suppliers online or by phone. Here’s what you need to do to get started;
1. Find a reputable energy price comparison website (uSwitch)
Before you decide to switch energy suppliers, it’s important to conduct a thorough price comparison. You can do this using accredited energy price comparison websites like uSwitch. The best energy price comparison websites are accredited by Ofgem. Such websites are proven to offer accurate data and make the process very simple. The websites also compare prices offered by the entire energy market. You also stand to get customised comparisons matching your energy usage when you use reputable energy comparison websites like uSwitch.
2. Enter your postcode and usage information
After finding a reputable energy comparison website, proceed by entering your postcode. Energy prices are usually set regionally for easier comparison. Furthermore, some energy suppliers serve certain areas. Entering your postal code will help you narrow down the best energy plans and suppliers.
Proceed and enter your usage information to get accurate comparison results. It’s also advisable to enter household consumption details. Such details can be found on your energy bill. You can also give estimates. It is important to fill in all the fields to get the best estimate possible.
3. Review the results and pick the best supplier
Once you have estimates from different suppliers, it’s time to pick the best energy plan and supplier for you. The results you get can be overwhelming so consider using filters to refine your results. Depending on your preferences, you can choose to see all energy plans and suppliers or view fixed rate energy plans only, plans without cancellation fees, etc. The best energy comparison websites offer detailed information i.e. most popular energy plans/suppliers in your region so, it shouldn’t be a problem finding the best energy plan and supplier.
4. Make the switch
After identifying a good energy plan and supplier, it’s time to make the switch. You can make the switch by selecting a suitable supplier, plan and providing your personal information i.e. address and bank details (if you have chosen a direct debit plan which is usually the cheapest). Your new energy supplier will be alerted immediately. They should contact you before the cooling off period is over (i.e. the time required to switch energy suppliers). It takes approximately two weeks to finish a switch. Your new supplier should contact you with specific details/information i.e. service switchover date.
Other important information to consider
The above steps are adequate enough to help you find the best energy supplier and make the switch seamlessly. You should, however, be aware of some important details.
Energy supply interruptions?
You shouldn’t expect any interruptions i.e. your new supplier coming to your home to install new piping, cabling, etc. When switching energy suppliers, you only change the company that bills you. Everything else remains the same.
It takes approximately 17 days to complete a switch (a 2-week cooling-off period plus an extra 3 days). Your new supplier is supposed to maintain contact with your old supplier to agree on things like a switch over date. Depending on the type of switch i.e. gas and/or electricity, the switch over dates may differ for each. Your new supplier will, however, keep you informed.
If you decide you don’t want to switch energy suppliers, you should contact your new energy supplier before the switching period is over (within 14 days). They should cancel the switch without causing any interruptions to your energy supply.
The above information summarises what you need to know about switching energy suppliers in the UK. Once you select a good energy price comparison website like uSwitch, you shouldn’t expect to face any other problems. Reputable energy price comparison websites have all the information you need to switch energy suppliers successfully and enjoy huge savings every year.