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With energy costs rising to eye-watering levels, households everywhere are looking for ways to slash their bills. It’s not just gas prices that are increasing however, the wholesale cost of electricity has also been rising with cap increases this year pushing bills up by over 50%. With further rises expected in October, the nation’s cost of living crisis is far from over.
If you’re looking to cut the cost of your electric supply ahead of the October price rise, looking for a better deal is a great place to begin. Read on to discover how you can find the best electricity deals and start saving money straight away.
Comparing electricity tariffs is simpler than you think. Thanks to the wide range of price comparison sites out there, you can find a better deal at the touch of a button as well as filter products using various criteria.
Love Energy Savings, USwitch, Energy Helpline, Money Supermarket, Simply Switch, and TheEnergyShop are just some of the top-rated price comparison websites that have been helping customers switch to cheaper electricity deals.
In the current climate, the price of your tariff isn’t the only factor when searching for a new electricity supplier. Savings can be found when searching for alternative tariffs that provide cheaper usage at different times of the day. Find a deal that works for your budget and your household.
When comparing energy deals, don’t just stick to one price comparison website. Some electricity tariffs are exclusive to certain websites, which means comparing the comparison sites is always recommended.
Automatic switching services go one better than price comparison websites. They not only point you in the right direction in terms of the suppliers that provide the best deals, they handle the entire switch process for you, meaning all the savings with less of the legwork.
Auto-switching services like Switchcraft and Switchd offer excellent options for those looking to save on their electricity tariff.
In addition to giving you a better monthly price, some energy deals provide financial incentives which make it an even easier decision to switch suppliers. Refer-a-friend schemes are great for getting more from your switch, but be sure to check the small print when signing up.