You may have heard already on the news, but on the 1st of April inflation made an impact on the world of energy bills, and that is no April fool. The trouble is, energy is something that all of us need in order to keep our families warm and run our houses. Energy companies know this, which is why a price increase is always met with frustration across the UK. This price increase is no different.
It’s a good time to see what can be done to keep energy prices and costs down as far as possible. Cooler weather means using more heating energy and we can therefore expect our energy costs to increase.
Energy is measured in kilowatt hours and each energy bill shows how many kilowatt hours you have used. If you have access to your past bills you can see how many kWh’s you have used.
You can save some costs by keeping the usage of kWh’s down as much as possible by means of insulation improvements, double glazing, shared baths, etc.
If you don’t act, your energy company will very likely move you over to their standard variable rate which may cost far more.
Fixed tariffs are just that, fixed price and fixed expiry date. Unless you choose a new tariff at the end of the fixed tariff, your supplier will probably put you on a standard default tariff which will be more expensive than other tariffs available.
Instead of slipping over in to a standard variable tariff, it’s best to check your options by running an energy price comparison.
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