Saturday, 5 May 2018

How Much Can You Save Through Supplier Switch?

from here

Unless you’ve been living under a rock for the past few years, it’s fair to assume that you’ve come across promotional campaigns urging to switch energy supplier to save money. In principle, it might seem easy, but in reality, is it really worth the hassle of closing one account and starting fresh with a new company? The true question that everyone is asking is, essentially: can switching supplier truly reduce your energy bills? The answer is, not as straightforward as you might like it to be. There are cases where a supplier switch is the best thing for your household. And there are situations where you need to find another solution.

It’s true: some energy suppliers are cheaper

Energy suppliers can only offer their customers deals as low as they have to pay themselves. It doesn’t matter that you’ve been a loyal customer for years. Your supplier can only lower its prices if it can produce the same service at a lower cost. In other words, if you’re looking for cheap electricity, it might be worth comparing suppliers for your area. How much could you save through a switch? In average you could save around £200 per year, but families have been known to save as much as £800. However, if your house is not energy-efficient, a switch is a waste of time.  

But it’s not enough if your electrical system is old

Old electrical systems are not only potentially dangerous, but they are also inefficient. Working with an electrician, you can figure out what needs upgrading, and more importantly how you could best implement a cost-saving solution instead. Ultimately, old properties were not built to be energy-efficient, so if your house is over 10-year-old, it’s likely that you need to modernise your wiring systems and some of your appliances if you want to save money on your energy bills.

What do you keep warm?

Is your home a little messy? A little mess can be endearing, and it adds a sense of real life to your home. But rooms that are cluttered are not only bad for your health; they also are more difficult to warm up in winter and to cool down in summer. Ultimately, the accumulated clutter acts as an obstacle to the air circulation in the room. As the air circulates less easily through the room, you’ll have to warm or cool larger volumes of air to influence the temperature at home. Making your home clutter-free can sound challenging at first, but it’s the perfect activity for a bank holiday weekend. Be strict: everything that has not been used in a year, that you don’t like, or that is broken should go.

Where does the heat go?

Last, but not least, poorly insulated homes have high energy costs, as they struggle to keep the warm air inside. Contrary to popular belief, poor insulation isn’t synonymous with old windows. In fact, you can have perfectly isolated windows. Most houses lose up to 20% of their heat through the roof and nearly as much through the walls.

The bottom line is that if your home is properly insulated, clearly organised and using modern systems; switching suppliers can save you a lot of money on your yearly bills. But there’s no point switching is your home isn’t energy-efficient already.




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