Things To Consider Before Switching Energy Suppliers

The cheapest option is not always the greatest energy bargain for you. When switching to a new energy provider, there are several crucial aspects to consider.

One of the easiest methods to save money is to switch energy suppliers. And, with more of us remote working these days, it’s more crucial than ever to be on the optimal energy plan for your needs.

The utility bidder provides a framework to ascertain certain criteria before switching energy. This guide explains crucial topics to think about when switching energy providers.

Green Source of Energy

If you want to switch energy providers and help the environment, you should look into a green energy plan. Renewable sources such as solar, wind, and renewable biogas generate green energy.

Green energy has top-notch advantages for the environment. Switching to a green source of energy will prevent environmental degradation.

Customer Service of Energy Supplier

Before you join up with a new supplier, make sure to look into its customer service history to ensure that it is up to par. You may rest assured that you will not be left in the dark if something goes wrong.

Checking customer reviews is a good approach to get a sense of a supplier’s customer service track record. Consumers can use review portals like Feefo, Trustpilot, and Google Reviews to find out a company’s degree of customer service, and they are generally a good indication of consumer sentiment.

Fuel Variation

Another item is whether your new supplier provides both gas and electricity (a dual fuel package) or only one (a single fuel deal). Most energy providers now offer both gas and electricity, but some do not, so double-check because you may prefer to get all of your energy from one provider. You’ll only have to deal with one supplier if you choose dual fuel, making life much easier for many families.

Tariff Details

Some energy providers, like mortgage lenders, provide a fixed or variable tariff option. Fixed energy tariffs are still uncommon in Ireland, despite their popularity in the UK and Europe. However, certain companies offer them, so this is something to consider.

The value you place on predictability and the peace of mind that comes with knowing your energy won’t grow in price throughout your contract will determine whether you choose a fixed or variable tariff.

Fixed energy tariffs are normally slightly more expensive than variable energy tariffs, so your price for predictability is a slightly higher unit rate.

Energy Pricing

Last but not least, and maybe most obviously, price is a factor to consider, as it is the primary reason most consumers switch energy providers.

People frequently overpay for electricity. However, there are many amazing deals on the market, and suppliers frequently offer new clients discounts of up to 40% or more for a whole year.

Consumers should keep in mind that when cashback is involved, the advertised amount is usually removed from their initial payment and is never paid via postal mail or check.