Energy Bills Explained

 

We want to take a look at an energy bill to go over what information you can use to get accurate comparison quotes. A lot of people looking at their quarterly bill see the figure at the bottom of the page, pay it and then throw it away without much thought.

The 5 things from your bill we need to make things easy when we compare energy deals for you:

1. Your postcode: We need to know this as a first step so that we know which region of the UK you are in. Energy suppliers sell gas and electric at different prices depending on your region due to distribution costs and the infrastructure they have in place.
2. Your current energy supplier: We need to know who you are currently with so that we can give you a list of possible tariffs you are on.
3. Your current tariff: We need to know this to know the price you are currently paying for your energy.
4. Your total usage (kWh) or yearly spend: We need to know this to make a comparison and accurately show how much you will save by switching.
5. Your current payment method: We need to know this because some tariffs may not be immediately available to you if you are using a prepayment meter. Savings can also be made just by switching your payment method which we can factor in when giving you a comparison.

With the information above we can show you the most accurate quotes (and savings) possible from suppliers.

 

Other helpful information found on your energy bill

 

1. Energy supplier contact details. It’s a good idea to keep a note of these details, including the telephone number to raise any questions about your bill and the emergency contact number to report a gas leak or power cut. All energy suppliers will provide these details on there bills.
2.  Account Number. Keep a note of your account number (may also be called a customer reference number) so they can identify you if you need to make a call.
3. Last Bill Payment. It’s a good idea to keep an eye on this so you know roughly what to expect on upcoming bills. There should be a small increase in winter months compared to the summer however a huge increase could indicate your tariff has expired and you’ve been put on the standard rate. That or your next door neighbors got a pool and plugged it into your house (might want to check that out). Either way it’s a good time to do an energy comparison!

 

Hopefully you found our energy bills explained page helpful. All feedback and suggestions are welcome.