Why You Should Check The Reliability Of Your Energy Supplier

Having a reliable energy supplier can save you piles of cash, especially if you have a central heating or cooling system in your home. When your bills pile up, they can cost you as much as you pay for rent or mortgage, which can significantly impact your lifestyle and savings. 

With a trustworthy energy supplier, you can save hundreds, and sometimes thousands, on an annual basis. You don’t have to keep your heat low in the winter months for lower bills; all you have to do is double-check whether your current supplier is worth it, or whether you need to look for an alternative. 


Here’s Why You Should Always Check The Reliability Of Your Energy Supplier

Better Deals 

Double-checking whether your current supplier is your best option comes down to what deals your supplier offers you, compared to other deals. Residential homes should always pay less than commercial offices when it comes to energy plans. Browse different suppliers online, you can find them on websites like Electricityrates. Even if another supplier is only two cents less expensive than another, this can pile up at the end of the month and can save you tons of money on an annual basis.

While you do your research, you should also check any hidden terms and conditions. Some suppliers don’t offer a fixed unlimited plan and have fair usage policies that can burn a hole through your wallet if you run a lot of home appliances. Check with your current supplier if you tend to exceed your fair usage policy, and see if there are any unlimited packages that you can sign up for.


Dual Fuel Tariff Plans

Having a single supplier for your gas and electric needs is always a smart idea. This can help limit the number of bills that you receive in the mail, and make it more convenient for you to pay a single bill to the same supplier. On the other hand, having a dual tariff plan can help you in saving more money, seeing as most companies will offer you discounts as a loyal customer. Contact your service provider, and check whether they offer compelling duel tariff plans. 

If you think you need to change energy suppliers, never rush this decision. While having a dual plan is a smart choice, switching companies may cost you more money than you would save. Some suppliers will compel you to pay hefty fees if you decide to dissolve your contract without notice. Discuss your concerns with your current supplier, and see if you can land yourself any deals or discounts before you make the choice to switch to another company.


Customer Service

While saving up on bill costs is usually the first concern that comes to mind, customer service can play an integral part in how efficient your supplier is in meeting your needs. If you run into any issues with your power supply, you’ll need swift customer service that doesn’t leave you on hold or call you back the next day. A reliable supplier provides swift and efficient customer service and will prioritize your requests in times of need. 



Some small businesses offer very compelling plans, but you should always bear in mind that you get what you pay for. New companies will try to lure in more customers with unrealistic prices, but these plans are usually temporary, and are used as a marketing means to attract more clients. That said, newer companies may not provide you with an efficient power supply. 

Aside from periodic power cuts, which can be obvious to clients, fluctuating electricity supply is rarely noticeable, and can damage your home appliances. The primary issue with low-quality energy supply is that customers never notice what the issue is, and may never suspect that their energy supplier is the root of the problem. If your current provider is a little on the pricey side, but supplies you with stable power, don’t let newer companies tempt you with their plans and discounts.  

Finding the right energy supplier can save you a lot of hassle and money. A reliable supplier will offer you different energy plans depending on your consumption level, and may also offer you discounts if you have a dual tariff plan with them. Efficiency is also an important factor of whether your energy supplier is worth it since frequent power cuts can damage your home appliances in the long run. If you believe that you need to change suppliers, contact your current provider to discuss how you can dissolve your contract with minimal fees. 

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.