type of gas and electricity contract
An energy tariffs describes the way your electricity and gas supplier is going to charge you and how much you will pay. Most contracts or agreements you sign up for include a standard variable rate or a fixed tariff. These terms can make a difference to how much money you pay for your gas and electricity. Some tariffs are known as premium tariffs meaning that you will pay more than other customers. To compare these types of tariffs you need to make certain that you understand all the terms and conditions associated with the contract. When choosing any type of gas and electricity contract always read the small print.
Standard Variable Tariff – A standard variable tariff is one in which you pay a certain amount every month for electricity and gas combined. This means that if you use more electricity or fuel in one month than you do in the previous month then your supplier will increase the price. If you want to save on these types of energy tariffs you can arrange to have the gas and electricity suppliers use a different index of price to determine your bill. When you switch energy suppliers you should ensure that you tell your supplier that you are changing to their new supplier. They will do their best to keep you happy by offering competitive rates and this could help you to decide which supplier to stay with.
If you choose a fixed energy tariff then you will pay the same amount each month whether you use more gas or electricity. This means that if you choose a flexible tariff you can decide when you use less gas and electricity. This can save you money each month and it can also be tax free. Always check the small print of any energy tariffs you are considering buying before you agree to buy. It is worth making sure that you don’t end up paying more money in the long run.
You can find the cheapest energy tariffs by using an online tariff search engine. Type in “energy tariffs” in the search bar and you will be presented with a list of energy suppliers in the UK. You can then compare the different prices and benefits offered by each energy supplier. Always check that the contract you agree to is of long term benefit.
For fixed energy tariffs, such as gas and electricity, it is usually cheaper to buy a tank of gas than it is to buy a single unit of electricity. Gas prices have been rising over recent months but there are still some great deals to be found if you shop around. If you can’t find any gas deals at the time of writing, make sure that your supplier offers a loyalty discount. This can save you hundreds of pounds each year.
If you are looking for solar panels, you may also be interested to know that many solar panels are now coming onto the market place at a reduced rate. The cost of solar panels has come down tremendously in recent years. If you want to use solar panels to power your home, check out what offers your energy supplier is offering. You can often find excellent deals on solar panels when the demand for them is high. If you live in an area where solar panels are being used quite frequently you may even qualify for a reduced rate.