Student Energy: Saving Money Through Your Tariff
Sorting out your energy bills is much like revision – it isn’t the most interesting thing in the world, but you’ll seriously appreciate the results. Before you even start changing your habits to save energy, check out these tips to optimise your tariff.
1. Direct debit is your friend. It will help you skip late payment charges and force you to budget properly. However, make sure that you’re prepared for the money to leave your account. You don’t want any nasty surprises. It’s a good idea to set up a joint account for it.
2. Paperless accounts mean that all your bills are delivered online. This is a great plan way to avoid losing your all important bill amongst all those takeaway pizza offers. Most importantly, managing your energy account online could save you up to 10% on your bill! As long as you know when you are due a bill and you check your e-mails regularly, this is a really easy way to save money.
3. Be aware of the pros and cons of different tariffs. ‘Standard’ tariffs are often the most expensive but they are ideal if you want a flexible contract. However, be wary of price hikes that might affect your bills! If you want to avoid massive price changes during your contract then think about a ‘fixed tariff.’ However, these often have nasty exit fees.
4. Dual tariffs. Energychoices.co.uk argue that customers with dual tariffs save the most money on their bills. This means that you have the same supplier for both gas and electricity. Many suppliers encourage this and offer the best deal with this option. However, Which? encourages users to be aware that discounted dual tariffs might not necessarily be any cheaper than using separate suppliers for gas and electricity. Confused? Luckily, Switchwise will do all the work for you. Find the best option for your postcode on our free Energy Price Comparison Service.
Try it out now! Use estimates if you don’t have exact usage numbers.