Choosing Gas Suppliers
Until 1996, British Gas had the monopoly on gas supply in the UK. When competition was introduced to the market, it was thought that gas prices would come down for the ordinary consumer.
ever, many people don’t change from their current gas supplier, as they believe switching provider will prove a hassle.
This is despite the fact that switching your electricity or gas supplier can lower your bills - which is particularly helpful during a recession.
Also, it’s not difficult to change your provider. You don’t have to track down all the suppliers in your area and get in touch with them to see if they can lower your costs, you can use a price comparison site.
You could even be able to switch gas supplier with a few clicks of the mouse. Of course, there are other things to take into account in addition to price when choosing a gas supplier.
You can look at their customer service rating - some comparison sites allow you to review suppliers, so you can see how other people have rated each company before you switch.
Another thing to consider is the distinct payment plans that the suppliers offer. You could save money immediately by switching to an Internet plan. If you are happy to manage your account and receive all your bills online, this could lower administration fees.
For those on a low income, you may be eligible for a social payment plan. Energy companies must provide these payment plans, which are designed to help people in the most difficult positions to pay their bills.
For sheer simplicity, you may want a fixed plan. This means the cost of each unit of energy is fixed for a certain length of time. Alternatively, choosing a capped plan means that the price of each unit won’t go up during a set period of time. However, if gas prices fall during that time your energy bills could come down.
Suppliers also provide their own standard pricing plans. Your choice of supplier will of course be influenced by the plans that are available - and the one that is best for you.
That’s why price comparison sites will always ask you about your current payment plan and the one you would prefer. You will be able to compare the different tariffs quickly and easily to see which can save you the most. You can make great cost cutting by changing your gas supplier.