SHRINK OUR BILLS
Support@shrinkourbills.co.uk – helping you shrink your bills
What do we do?
Last week we were helping a customer who had her day and night readings round the wrong way. She was charged wrongly on her bill and it amounted to £600 being billed to her when she did not owe that money to her energy company.
Economy 7 is ideal for someone who only has electricity and their heating may be storage heaters, using a lot of electricity overnight. If you have both gas and electricity then this tariff might not be right for you as the night rate is cheap but the day rate is more expensive that the general domestic tariff.
My energy company has ceased trading – Is this you?
The news has been full of the energy companies going out of business. If you are not with the “Big Six” then please make sure you have a copy of a recent bill, especially if it shows you have a credit. When these companies go out of business, their website closes quickly.
You need to wait for Ofgem to move you to a new company. Then you can negotiate with that company for your new rates, but there are no cheap deals around now. As the energy companies face two problems – the increase in gas prices and the debt caused by the companies that have gone out of business – they are not in a position to offer special rates. There is a very good chance that the prices will go up again on 1st April as well as the 1st October increase.
Do you have some information about your current tariff? Because if you are you in contract with exit fees to pay then there is no concern over the price rises in October and it is better to stay where you are than pay on average £25 for each electricity and gas to leave.
Don’t agree to a contract over the phone – you may not have heard all the information you need to know and there may be hidden costs.
A verbal contract made over the phone is considered the same as physically signing a contract. However you can ask for a transcript of your call if you have any issues about what the company say was agreed.
IT DOES NOT ALWAYS PAY TO STAY
If you are not in a fixed price contract you have opportunities to change your energy supplier – especially when they put their prices up. You can move to an alternative company or re-negotiate with your existing supplier. The worst thing is to do nothing. Ready to switch? Then contact me about what is right for you.
What is right for you? Do you spend a lot of time at home or do you travel to work? Have you got a family that means the washing machine is on a lot or are you living on your own? Do you want to support companies that offer green and renewable energy? Do you need a paper bill? Are you paying by direct debit or do you have a prepayment meter?
The comparison sites on line are paid a commission for their recommendations. They are a place to start, but not all companies use the sites and you might prefer to talk to someone. That is what we are here for – personal service.
How does your smart meter work?
You may find all this boring, confusing, and you would much rather spend your time doing things you enjoy, so why not let someone take the hassle away – that’s us of course. Please click here
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