If you have never switched electricity supplier, there is a very good chance that you are overpaying for your energy. UKPower can help you to reduce your energy bill and get access to the best electricity deals by quickly compiling a list of the very best electricity deals being offered. If you have switched energy providers in the past but now want to switch again, you must first check to see if you are nearing the end of your existing contract. Providing you have entered the renewal window – approximately three months before the end of your contract – then you can begin searching for a new energy supplier.
The biggest reason why you should compare electricity suppliers is doing so will likely reduce how much you pay for your electricity. There are now many more energy companies on the market, each eager to sign up new customers such as yourself, meaning the process has been made much simpler than it used to be. To help you with your contract change, the expert team at UKPower perform time-consuming searches of all the current contracts available to you, providing you with a breakdown of the best prices and deals on the market.
When making your decision, there are a few things you need to consider. Firstly, there are various plans, many of which have been designed to specifically cater to businesses, such as those that only operate at night or are seasonal, which may not be suitable for households. Next, you need to compare the pros and cons of such deals, as some may offer favourable unit rates, but higher daily standing charges, and vice versa. In addition, you will have to decide whether you prefer a fixed-rate energy plan which protects you from changes in the market price, or a flexible-rate energy plan that allows you to take advantage of falls in market prices.
The team at UKPower will quickly find you the best electricity only deals – meaning all you have to do then is decide which great new deal you want. Once you make your decision, the entire process can be completed quickly and without fuss.
Your new energy supplier will make all necessary arrangements, meaning you can just sit back and wait. From contacting your existing supplier and informing them of your decision to leave, to calculating which day you’ll switch, your new energy supplier will ensure you experience no disruption to your electricity supply. This is because your new electricity supplier will continue to deliver your energy through the same cables you are currently using. All information regarding your switch will be sent to you via post or email, and you will have a 14-day cooling off period should you wish to change your mind.
The team at UKPower will require you to provide some simple information for them to perform a comparison. This information can usually be found on one of your previous bills and includes what type of tariff you are currently on, how much you use monthly/annually and how you pay for your energy. The more information you can provide, the more accurate the comparison you will receive.
One particular type of energy contract is known as a Dual Fuel Deal. These types of energy deals mean you will get both your gas and electricity from the same provider. There are obvious benefits of only having to deal with one energy supplier should a problem arise, as well making submitting meter readings much easier. So, if you want to streamline your bills and make them much easier to manage, then a dual fuel contract may be right for you. However, you must remember that not all dual fuel deals are cheaper than single fuel contracts, and therefore it is important to compare the prices of the two.
There are now numerous green electricity energy suppliers operating in the UK, all of which offer various green energy packages. However, because this area is still relatively new, many green deals are more expensive than traditional fuel deals. This rise in cost is often down to the expensive technology required to produce such sustainable electricity.
While green electricity is not always the cheapest form of energy, it can often be more affordable than the tariffs being offered by some of the UK’s biggest energy suppliers. For example, 100% renewable energy can cost approximately £881 annually. The cheapest deals on offer average at £870 and those of the big six energy companies cost around £938. In comparison, the most expensive UK-wide traditional tariff is around £1,404 compared to the most expensive renewable energy tariff which currently stands at around £1,221.