Switching to another supplier can save you a huge amount, especially when you are running a business where energy consumption is a whole lot more than domestic use. So if you are not satisfied with your current supplier or have been receiving massive bills lately, then switching could be beneficial for you.
The entire process of switching might not be much complicated but it does involve a series of important steps and considerations. Because it involves a bit of working, you must be careful of certain things while making the decision of switching.
In this article, we will tell you about all the details and tips that would assist you in making an informed decision.
Provide your meter reading
You must and always keep this mind that you first have to make a dash towards your meter once you decide to switch. You have to check the meter reading and provide it to your new potential supplier or energy comparison website. If the reading you provide is even slightly skewed, you can be in trouble as new suppliers generate bills based on your energy usage.
And if you do not provide it at all, then you can expect fallacious bills as the suppliers then make an estimate of your energy usage on their own.
Check Contract Exit Fee
Many energy suppliers offer tariffs that are capped with a contract period so if you are still within that duration, you might have to pay an exit fee. This is a charge the supplier put on you for leaving early. So, checking the exit fee on your bill beforehand can give you an idea of how much you would have to spend for the whole switching process.
Compare The Tariffs
There are lots of tariffs offered by energy suppliers in the UK. All of them have their own perks so you have to get familiar with them first. When you will know what each tariff has to offer, you would be able to compare them and choose the right one for your home or business place.
You would obviously not want to get into a contract with a supplier offering average or bad quality service after getting out of the previous one because of the same reasons. Therefore you need to carry out a detailed and thorough comparison of all the suppliers offering their services in your locality.
You should compare prices, offerings, tariffs types, etc and find out which one will suit your requirements and would not be a burden on your pocket. And, if you run a business and have trouble comparing suppliers, then comparison websites like SimplySwitch.com – business energy helps a lot.
Check For Credit
When you pay your suppliers in advance for the energy and then decide to cut off their supply and switch, the amount remains as a credit in your account. You should check with your previous supplier for any credit before you close off your account. Some suppliers contact you themselves but some do not, so be wary of that.