After reading last week that British people are being ripped off by their energy suppliers, I decided to investigate.
Supposedly 40 – 60% of us are ‘stickers’. This means we don’t like to change our provider and rarely shop around for a good deal. Unfortunately, I fall into that category as well.
Moving provider can be hassle and take time and ultimately cost you more than what you were paying. If all the companies are the same sort of price then there is not a big difference you will be saving. It’s not like there is a Ryanair of the energy providers who undercut their rivals; everyone is BA.
However, what I have discovered is that you can be penalised for the way you pay, how often you pay (whether monthly or quarterly) and whether it is a fixed price plan. What you can do though is compare gas and electricity prices online and search for a different price plan to see if it will reduce your cost.
Picture: tompagenet
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