Many of us stick with the same energy supplier year after year because we view it as more convenient and one less thing to have to worry about. However, did you know that switching energy providers regularly will save you money?
That’s right! Periodically switching suppliers can save you hundreds a year, but how does that work we hear you cry. Keep reading to find out how you can save money on your energy bill this year.
How Does it Work?
By sticking with the same supplier, often, big named businesses will move your tariff into a standard package. Unknowingly you will end up paying more than you need to and miss out on opportunities to lower your expenditures.
Once you begin to search for new suppliers, you’ll be opened up to a world of other tariffs more suitable to your energy usage needs, new customer discounts, and more. Also, when you tell your current supplier that you wish to switch, they may even offer a lower option themselves to keep you as a customer.
You will find a vast amount of energy suppliers on comparison websites, some names you will recognize, and others will be unknown. You wouldn’t steer away from the enticingly low prices from a small or new business. These companies often hold customer satisfaction and green energy at the heart of their ethos. It’s proven that the greener the energy source, the cheaper your bills will be, so it’s a win, win situation.
Changing your energy supplier also gives you the option for alternative energy solutions. Most home insurance policies cover solar panels, so there’s no need to worry about your insurance premiums rising as a result, taking away the money you have saved by going green with a new solar provider. According to BrokerLink insurance, a good insurance broker will give you expert advice on what you need your policy to cover and offer customizable plans to ensure you’re 100% covered.
Energy Brokers to the Rescue
Like home or car insurance brokers, energy brokers are the middleman between you and the energy suppliers. They are an invaluable tool to help you find the most competitive yet suitable energy plans, with your finances in mind at all times.
They are a window into a saturated market. An energy broker’s job is to compare and contrast companies, plans, and tariffs suitable for your needs. By doing this, they can then guide you in signing up with the best energy supplier for you and ensure you’re only paying what you need to.
An energy broker has up to date knowledge about modern energy solutions, discounts, and promotions happening right now. They bring you one step closer to taking full control of your bills.
To save money each year, it’s advised that you should consult an energy broker annually. By doing this, you then stay in the know and can make better, more informed choices about where you spend your money.
Every Little Helps
Many people believe that their loyalty will award them with lower rates, but this isn’t always true. Swapping energy providers to save money is no secret, but many households don’t believe that the promised savings will materialize. Instead, they opt for the convenience of sticking with their known provider.
However, switching suppliers allows you to take financial advantage of small companies, as well as advances in energy solutions, and new customer deals, every year. Using a broker who specializes in energy is a great start to finding a cheaper plan. Sit back and let them do the legwork, and you’ll soon find yourself with a healthier bank account each month.