Think Money – Check Your Energy Costs
One of the best ways to avoid falling behind on your energy bills is to use an online comparison to switch gas and electricity suppliers, according to Think Money.
Think Money recommended carefully checking the details of the deals which you see offered before choosing the one which is cheapest and best for you.
The National Housing Federation’s recent survey found that as many as seven million households in the UK could be living in fuel poverty due to high gas and electricity bills. When a household spends ten per cent of their income on the energy used to power their home, this could mean fuel poverty.
A good way to ensure you are paying the correct price for your energy usage is to take regular meter readings.
Think Money said: “Keep in mind that most providers offer a discount on fixed direct debit payments, so if you’re looking to save money, it might be worth making the switch.”
Other tips include budgeting your money to make sure you can cover your average energy usage, which will cover your higher winter bills, and adding a little extra to your bills each month to help build up credit on your account.