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Looking to save money on my Gas and Electricity. Many question, help out a newbie! :)

LiveOnce
LiveOnce Posts: 476 Forumite
Hi all,

I am looking to save money on my gas and electricity!

What information do I need to be armed with and how do I get this information?

I have access to my energy usage info.

Comments

  • 1, Current Supplier
    2. Current Tariff (given on bill)
    3. Actual yearly usage in kWh for gas and electricty
    4. Your Postcode and house number/name

    That is the minimum information to get a comparison on the websites like the Citizen's Advice Bureau at https://energycompare.citizensadvice.org.uk/
  • footyguy
    footyguy Posts: 4,157 Forumite
    1,000 Posts Combo Breaker
    LiveOnce wrote: »
    Hi all,

    I am looking to save money on my gas and electricity!

    What information do I need to be armed with and how do I get this information?

    I have access to my energy usage info.

    Best place to start is here.

    http://www.moneysavingexpert.com/utilities/you-switch-gas-electricity

    Feel free to ask again if, after reading that article, you need any more assistence.

    Good luck!
  • LiveOnce
    LiveOnce Posts: 476 Forumite
    Do suppliers charge if I am not in a fixed term contract right now? And can the new supplier pick that up?
  • System
    System Posts: 178,378 Community Admin
    10,000 Posts Photogenic Name Dropper
    LiveOnce wrote: »
    Do suppliers charge if I am not in a fixed term contract right now? And can the new supplier pick that up?

    No - switching is free.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Turn the heating off and wear alot of jumpers.
  • editor1
    editor1 Posts: 287 Forumite
    Home Insurance Hacker!
    edited 8 January 2017 at 8:40PM
    Cheapest energy provider for South Wales area was Avro Energy as of 2/1/17 -switching seemed straight forward, although finally opted for First Utility 15 month fixed deal with a £100 CashBack offer from TopCashBack, the average saving based on full comparison with Ovo Energy lowest price fix was approx. £6 per month, Avro energy was an actual full saving of £10 a month based on average gas and electricity consumption and standing charges. Decided on First Utility because of combined real saving and cash back, also help they were offeing £60 in Amazon vouchers over course of 12 month contract. Our payments monthly with First Utility are actually £12 lower than Ovo offered - £90 per month as opposed to £102 with Over Better Energy, although monthly payment does not represent actual consumption, which is variable over the year.

    A few words of caution, all Comparison sites i used, including Better Energy Club were comparing Ovo Simple Energy costs, rather than Better Energy costs, which are higher and hence gave false savings, to the tune of £80 a year on average - First Utility comparison system actually used Better Energy costs and came up with more accurate savings based on gas usage of 12,000 Kwh and Electricity of 4,000 Kwh based on three years of actual usage with Ovo Energy. On the whole I had zero complaints with Ovo and was a customer for 5 years, however they are now not as competitive as they used to be, so Switched this year as savings of more than £10 per month are not to be sneezed at - will review First Utility and give feedback after the first quarter.
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