Energy prices are rising each year but that does not mean your bill has to rise as well. The most effective way of saving up on electricity is to avoid getting overcharged or being charged for electricity you haven’t consumed. So here are some tips that will help you avoid paying more than you have to:
1. Read your meter regularly and document your readings. Suppliers make estimations of your usage and therefore these are incorrect billings. You might actually be paying more than what you have actually consumed. The discrepancy in your bills can reach a large sum when totaled. This can cause you to incur unnecessary credit debt to the supplier. Always check your bill when it arrives if the estimations are near your actual readings. You can also send your readings to your supplier so you can be billed correctly. This can now be done online or through smart phones.
2. Do not pay exit fees when you switch suppliers. When suppliers raise their prices, a lot of customer will leave. To discourage this, companies have imposed exit fees. However, bear in mind that raising prices is already a violation of your contract with the company and therefore, you are free to leave at will without paying any sort of fee. When switching from your old to your new supplier, inform both parties at least 2 weeks prior so that transition will be smooth.
3. Always be on the lookout for electricity suppliers that offer cheaper prices. Comparing prices of different suppliers will tell you if you are paying too much for your current energy supply. And when the time comes that you feel you’re paying way too much than you should, do not be afraid to switch. Most people are turned off by switching suppliers because of the belief that it is too much trouble than it is worth when in fact it is as easy as providing the new supplier with your latest bill. That’s it.
4. The first step to resolving problems with your electricity providers is to talk to them and tell them what’s going on in your end. They are obligated to reply to your complaints and do something about it. If not, you can go ahead and bring your case to the energy ombudsman for free.
5. Keep your debits in check. Most people are finding themselves owing a lot to their suppliers with large credit balances. Companies will normally have credit refund processes that will accommodate these kinds of issues.
6. These system billings are highly prone to glitches or bugs and you might find yourself not getting any bills at all for several months. And then all of a sudden it all comes crashing in one bill tagged with an insanely large price that you cannot afford to pay right away. If this happens, ask for a payment scheme that you can adhere to. But in case that you are not receiving any kind of form of an electricity bill, contact immediately your supplier and have them settle it.
I feel like the only key to keeping your electricity bills down, aside from energy saving measures done in the house, is to look for other suppliers out there. You might find that there are smaller electricity suppliers that charge for a lot less. You should take advantage if an opportunity like that ever comes.
Be vigilant when it comes to paying your electricity bills and make sure you’re paying the right amount. Nothing more, nothing less. Click here to search for electricity suppliers via ConnectNow.
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