If you think switching is too much hassle (it isn't, but hey ho), just move to your current provider's cheapest deal. Yes that's right, bizarrely, even though it's the same gas, the same electricity, each energy firm charges a range of rates for using it. And no surprise Sherlock, it's the 'standard tariffs' that most people are on which are by far the most costly, as this table shows:
It is often the case that the cheapest option available to you will be supplied by an energy company that you have not heard of. Do not let this put you off saving money on your gas and electricity bills. Small energy companies provide the same energy as the other, more expensive, ones but often for a much more competitive price. You don’t need to be concerned about these companies failing to be able to supply you with energy.
Fixed-rate, long-term (contract) plans provide stability in electricity rates. If market energy costs suddenly trend upward where you live, you can rest assured that you won’t have to pay more out of pocket. However, if you want to switch to a different, lower-cost plan before the end of the contract term, you’ll likely have to pay a cancellation or early termination fee.
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