Switching users. Any thoughts....?

Thriftshop_2

Energy Bills ?

Everyone says the best way to reduce your energy bill is by switching supplier. Having just done so on a dual fuel tarrif, I have discovered they are still riduculously high. So I am planning on switching again. My questions are am I best doing this right away, while the iron is hot so to speak or am I best leaving it for a little while ?? And my second question is, is there a maximum number ot times you are allowed to switch ?

Your thoughts would be appreciated...
Thanks T

Nada666

There is no limit to the number of switches you can make.

Are you confusing monthly instalments with the cost of your usage? You take a typical annual usage for you in kWhs, find how much that costs on a comparison site and switch. The inital monthly payment the new supplier takes may be higher or lower than what you were paying but if the tariff is cheaper then adjustments will be made and the total paid will be lower.

The best way to reduce your bill is paying for insulation and adjusting usage to be as comfortable as you choose whilst being sensible.

You should also check for prices of having each fuel with different suppliers.

macman

But surely you knew the cost with the new supplier before you switched? Every comp site search gives you the annual cost, which is the only figure that matters.
What your DD is initially set at may have no relevance to the actual annual cost.
If you're on a lock in tariff, then switching within term will incur a penalty.