We know that as the elderly move through life and their level of regular income decreases, controlling gas and electricity cost becomes more important. What we really want is for senior citizens to be paying as little as they can for the energy they use, no matter how much power that may be.
This guide aims to help get the best energy prices for pensioners, to make sure costs remain manageable for all, and help stop older householders falling into energy debt or even fuel poverty.
Pensioners often live on a fixed income, so getting the best gas and electricity deals for is really important. A fixed rate energy tariff is usually a good choice, as type of plan gives peace of mind and a level of predictability that allows for planning costs and outgoings. If you want more information, take a look at our fixed tariff page.
Although there are no specific tariffs that offer cheap gas and electricity for pensioners, signing up for a dual fuel tariff, where the same company supplies both gas and electricity, is often cheaper as suppliers offer discounts for having both accounts.
Energy suppliers also offer discounts for paying by monthly Direct Debit, and although many elderly customers may prefer to pay on receipt of bill, setting up a regular payment that comes straight your account is a cheaper way to pay. To save the most money, setting up a monthly plan is the way to go.
There are also cost reductions available for receiving your energy bill online.
As ever, the best advice is run a quick energy comparison to find the best deal you can. It takes a small amount of time, but it will save you money. You can start this journey by entering your postcode at the top of the page.
There are a number of grant, schemes and gas and electricity discounts for pensioners and elderly customers, including:
For more information on these benefits, check out Energy for vulnerable and disabled customers.
As well as going the extra mile to make sure your tariff suits you, you also need to consider how you can keep your usage to a minimum.
The first thing to think about is the energy efficiency of your home. If your walls and roof aren’t insulated then you’ll need more energy to heat your house, meaning your bills will be higher.
There are two types of home insulation to consider:
Lights and appliances are other energy-sapping devices. Ensuring all lighting throughout your house comes from energy-saving bulbs will help reduce the cost. These bulbs typically use around 80% less energy than regular bulbs. As a simple tip, make sure all lights are off when not in use. It might be obvious, but it makes a huge difference.
Stand-by on electronics is a huge waste of energy, so make sure when turning your appliances off, you do so at the point of use, not by remote. When in standby mode these are still consuming energy. It is estimated that around 8% of all domestic energy usage in Britain is as a result of devices in standby mode. For more energy saving tips, take a look at our energy saving checklist.