Heating Oil Prices

There are approximately 1.6m homes in the UK that heat their homes using heating oil. Many will be overpaying for their oil because there is no regulator to check for transparency or fairness for heating oil prices in the UK. Factors that impact price The kerosene that is burnt to heat some homes is refined from crude oil. Therefore, the prices of heating oil costs are related to crude oil prices. Crude oil prices Supply and demand affects heating oil prices, like anything else. Heating oil is also needed for running cars and airplanes. The recession has meant reduced expenditure on holidays, cars and petrol. The lower demand...

Reduce Your Gas Bills

Changing your energy supplier is one of the most simple and quick ways of saving money on your energy bills. The energy market is complicated and a supplier could have a better short term deal with another one having a cheaper long term deal. Beat the Energy Price Rises You could save up to £389* on gas and electricity for your home Compare all UK suppliers including fixed, capped and online tariffs and switch in minutes Enter your postcode to begin: Top tips for comparison of gas prices The cheapest gas prices that are available for you are dependent on several factors including: Your postcode Your...

Finding the Cheapest Electricity Deal

You can lower your electricity bill considerably if you look around for an improved deal by trying to find the cheapest electricity deal. Many householders are presently stuck with electricity tariffs that are unsuitable and are paying more than they should for their energy use. It is important to shop around online and compare prices. Many energy customers simply do not know that they are able to swap energy supplier, with many people remaining in pricey deals for no sensible reason. Five out of the “big six” suppliers put up their energy prices last winter with a resultant increase in the average bill for a household jumping...

Paying for Energy - Methods of Payment

You can make vast savings on annual energy bills by swapping energy supplier. However, the ways of paying for energy also makes a significant difference. By switching your energy tariff or supplier and changing your payment method, you can maximise upon your savings. Paying for Energy by Cash or Cheque You can ring your provider to fulfil payment of your bill by credit or debit card, or you can take your bill into the bank or post office and pay it in cash or by cheque. This method of payment enables you to control when the payment for the bill leaves your account. However, you can incur a fee from certain banks and building...

How to Work Out Your Energy Bill

Energy bills are not always easy to interpret and understand. However, it is crucial for you to be able to use them to work out how much energy you use and the precise the amount you are paying for it. What does my energy bill contain? All bills differ slightly in terms of how they are laid out; however, they all ought to contain the information below. The bill will have 2 pages to it. The first page contains: Your name and Address - This should be on the front of the bill. Ensure that this is the case and update your supplier should you have to. Energy Supplier - The name of your energy supplier and its contact details...

Managing Your Energy Account Online

Should you be happy with your current energy supplier and not wish to swap over, you can still save money and help the environment by managing your account online. Hereby you can take advantage of some of the lowest prices on the market. Making savings Energy suppliers can save themselves a great deal of money by reducing the number of paper bills they send out, and each time you enter a meter reading online you save them the cost of sending out a technician. Online account management saves energy companies so much money that they are very keen on transferring customers onto such popular schemes, with financial...

Paying Bills by Direct Debit

You can save a lot of time and money by paying your energy bills by direct debit. However, there are advantages and disadvantages associated with this method of payment. You can save money by paying by direct debit. There are some concerns, however, related to this method of payment, notably the possibility of being overcharged and not being reimbursed should something go wrong. What are direct debit payments? Direct debit payments are payments taken directly from your bank account by your energy supplier. The payments are taken from your bank account on a set date; this can be: Monthly fixed – a fixed amount is taken out of...

How to Read Your Electricity Meter

Most energy companies now request us for our own electricity meter readings; hence, it is important to know precisely what to do. Electricity meters can vary however they essentially tell you the amount of electricity you have used. You then relay that information to your electricity supplier who is then able to issue you with an accurate bill. Where the electricity meter can be found Electricity meters are usually located inside your building, unlike gas meters which are often in the garden against an outside wall. In a house, the electricity meter is highly likely to be in a cubby hole or cupboard under the stairs or in...

Average Electricity Bill Costs

Should you wish to find out what your electricity bill should be then there is a way you can do so. You can easily find out what the average UK electricity bill is and find out whether or not you are paying more, or you are being charged more than you ought to be when it comes to your electricity bills. Average electricity consumption The UK energy regulator Ofgem uses a standard measure whereby energy suppliers and comparison websites work out the “average” household gas and electricity consumption. Should you be on a standard tariff you are probably likely to be paying a lot more than you ought to be. The average basic...
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