Choosing Gas Suppliers
Until 1996, British Gas had the monopoly on gas supply in the UK. When competition was allowed in the market, it was believed that prices would come down for the ordinary consumer.
ever, many people don’t switch from their current gas supplier, as they think that switching provider will be problematic.
This is even though the fact that changing your electricity or gas supplier can lower your bills - which is particularly helpful during a recession.
Also, it’s not hard 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 reduce your bill, you can use a price comparison site.
You may even be able to switch gas supplier on the site itself. Of course, there are other conditions to take into account as well as price when choosing a gas supplier.
You can look at their reputation for customer service - some sites allow you to review suppliers, so you can see how other users have rated each company before you switch.
Another thing to examine is the distinct payment plans that the suppliers offer. You could save money straight away by moving 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 vulnerable positions to pay their bills.
For sheer ease, you may want a fixed plan. This means the cost of each unit of energy is fixed for a certain period of time. Alternatively, choosing a capped plan means that the price of each unit won’t go up for a set length of time. However, if gas prices come down your energy bills could come down.
Suppliers will 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 suits you best.
That is 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 plans quickly and easily to see which can save you the most. You can make great savings by changing your gas supplier.
