There are many reasons why people choose to switch to another gas and electricity provider, including:
In a normal energy market, the best time to switch energy suppliers is when (or just before) you get standard variable energy rates, allowing you to close deals at lower rates. However, with the current lack of affordable products on the market, it’s hard to say there’s a good time to make the switch.
The switchover process can take up to 3-4 weeks, so it’s a good idea to switch energy suppliers a few weeks before the start of the colder months.
You may be paying too much for your energy: Providers offer different plans, some of which are cheaper. Your bill or another bank statement should list some cheaper options. Alternatively, you can call the supplier and ask about the process.
You can save even more by switching to another provider: Changing providers does not change the energy you receive; it only changes who receives power. So there is no need to change pipes or cables. This also means you don’t have to worry about interrupting your energy supply when changing clothes.
You can contact the provider directly to inquire about the best deals: You should be able to provide this information over the phone or send pricing details upon request. However, due to a large number of offers, it may be easier to use a price comparison site to compare rates.
It is also important to conduct regular meter readings to ensure accurate invoices, verify invoice accuracy, and discuss any concerns with suppliers.
Are you paying your utility bills in the most cost-effective way? Most providers offer discounts if you pay by direct debit instead of cash or cheque. Paperless billing, where you manage your account online instead of receiving your bill in the mail, can also be cheaper.
Only change payment methods, if you know the payment method is appropriate to save money. Many people like paper bills and flat-rate automatic debits can mean overpaying or underpaying for energy.
This way you can save even more money when switching energy providers. Compare offers from different suppliers using Ofgem’s authorized price comparison website. Many of these websites have phone services that you can use when you’re not online.
Using an unbiased website is important. Notice the Confidence Code logo. This indicates that the site subscribes to Ofgem’s voluntary code of conduct and provides an independent and unbiased comparison.
Once you find the right rate (tariff), you can switch via a price comparison site or by calling your provider. In the case of switching energy providers, your new energy provider will contact your current provider to complete the switch.
The switch must be made within 5 days after the 14-day “cooling off period” has expired. You can cancel your changes, free of charge, during this time. If you have credit with your current energy provider, be sure to request a refund when switching.
If you have any problems paying the invoice, please contact the energy provider as soon as possible. They will teach you how to avoid debt. If you are already in debt, you can set up a repayment plan to eliminate the arrears. If you don’t want to deal directly with a supplier, you can ask a consultant to contact you on your behalf.
Now you know the best time to switch energy suppliers. The quickest and easiest way to switch your company’s electricity or gas provider is to let Beta Energy Direct’s tech-savvy team do the heavy lifting.
A simple phone call is all it takes for our experts to find the best deals and negotiate special rates from our panel of trusted suppliers. This saves you time and money that you can invest in your business. To see how much you can save, enter your zip code in the box on the right
or call our tech-savvy team on (0800) 999-1160.