Cheap Gas And Electricity: Find The Supplier Nearest You
House electricity bills account for the second highest family expense after rentals and mortgage payment. For this reason, finding cheap gas and electricity is an important item to minimize household expenses. You need to find the electricity and gas supplier nearest you and then find out if the rates are competitive. In a latest price survey the areas in the South tend to have the cheapest prices while those in the Northwest tend to have the highest price range. The annual electricity and power cost could vary to as much as 100 to 200 UK pounds annually. You can save on your electricity and gas bills by doing something easy.
Search for Providers in Your Area
The first easy step is to search for gas and electricity suppliers in your area. The presence of big main supplier does not mean there are no independent suppliers in the area. Electricity and gas is bought wholesale by certain firms and sold retail to local electricity and power suppliers. Some local suppliers can sell cheap gas and electricity, simply because they are structured to operate with very little overhead cost compared to the big suppliers. They can also buy electricity cheaper by sourcing out the cheapest wholesale provider in the area. By searching the providers in the area, you can get a picture of the suppliers – how many they are and where they are located.
Do A Price Comparison
Once you have located the cheap gas and electricity providers in your area, you can now do a price comparison. Study how the rates are structured and learn from it. Most electricity suppliers charge a different rate during peak hours and off-peak hours. Try to figure out the hours so that when the rates are high you can minimize electricity usage. When the rates are low, you can turn on your high consumption units like freezers and driers. Compare one supplier from other suppliers. Some online power sites have a power calculator that you can use. Take advantage of it.
Adjust Your Electrical Consumption
Even with cheap gas and electricity, you still need to adjust your electricity consumption. If you still possess the old appliances, discard them and buy the new energy efficient and earth-friendly models. Change your light bulb to the energy efficient LED home bulbs. Monitor your electricity usage to coincide with the hours where electricity is lowest. When you are in the peak hours, minimize electricity usage to the essentials. This is the only way to save on your bills and enjoy the savings.
You cannot be passive when it comes to your electric and power bills. You need to find ways to find cheap gas and electricity. You need to locate the electricity providers and then you need to compare the rates. After that you make your decision. If you add adjustment on electrical usage and the use of energy efficient and earth-friendly, then the sum would be savings on your electricity bills. Small savings accumulated monthly will go a long way.