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Energy Comparison: All You Need To Know About It

Adrian by Adrian
3 years ago
in Home
Reading Time: 3 mins read
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Energy Comparison
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Energy is one of the essentials we use on a daily basis. Many households in the UK use it in various applications, including cooking, laundry, audiovisual, lighting, and many more. For this reason, several energy providers have been established to cater to homeowners’ needs. There is no one-size-fits-all energy consumption, as the energy consumption rate of one household differs from another.

Hence, if you are looking to save cost then it is important to factor in your energy consumption rate. How much energy do you consume daily? This would determine the tariff to choose. If you are on a fixed tariff that doesn’t favor your needs or finance, then it is time to consider switching energy providers.

Contents

  • Big Six Energy Companies
  • Why Should I Switch Energy Providers?
  • How Can I Switch Providers?

Big Six Energy Companies

You may have heard of the Big Six energy companies or may even have a tariff with one of them. However, if you haven’t, then this section will help you understand the controversy surrounding these giant corporations. Who are the Big Six energy companies? These are corporations that dominate the energy market in the UK. They include E.ON UK, Npower, British Gas, ScottishPower, SSE, and EDF Energy. These energy firms supply most of the households in the UK with gas and electricity. There are also other small energy providers that offer the same services, or even better.

There have been complaints about the Big Six energy companies using their influence to hike energy tariffs at the expense of UK households. They’ve been known to increase prices around the same time, raising suspicions about the unnecessary hike in energy prices. As a result, many homeowners seek better alternatives.

Why Should I Switch Energy Providers?

If you find yourself among the list of the Big Six energy companies’ customers, then there are chances that you may not be getting the best deal on your energy consumption rate. It’s high time you switched providers. In fact, small energy companies offer tariffs that rival those of giant energy firms. Despite that, most house owners are stuck with their current providers due to their thoughts on energy comparison being complicated. Far from it, comparing energy prices and switching providers is simpler than you think. You can complete the process in minutes, depending on what you are looking for.

How Can I Switch Providers?

To change your current energy provider, you need to consult an energy consultant. For example USave, a reputable energy advisor, provides consumers with USave energy comparison to help them determine the best provider and tariff for their needs. Here are some steps that will help you get the best energy deal:

  • The energy consultant will request for your postcode – this will help them provide you with a list of energy providers in your area. In addition to that, you will have to supply the name of your current provider, the amount of energy you consume, and the tariff.
  • Through your information, the consultant will pull out a list of energy companies and their rates. Compare prices using your energy consumption rate and tariff; this will help you secure a good deal.
  • You will be given a period of 21 days for your new energy provider to complete the switch. They will notify your present provider about this change in services. Interestingly, your access to gas and electricity will not be affected during this period.

With energy comparison, you can save hundreds of pounds yearly. It helps you get value for your money. Enjoy more, save less.

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