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Why Should I Switch Suppliers? Can I Win The Gas And Electricity Price Wars?

By: Lewis Taylor Home | Finance


We can all benefit from the current situation in the UK energy market but what should we do, who should we choose?

As a nation, many of us stay loyal to our Energy suppliers without a good explanation. We comment on how much last quarter's bill was or how much the direct debits has just gone up yet our attitudes towards switching plays right into the hands of those suppliers who simply aren't giving us the best deals.

The moment we hear anything to do with cheaper energy suppliers and switching our gas and electricity, we hear alarm bells ringing which drowns out the sound of the good information which might be coming to us. Are we too lazy to switch or just plain ignorant to the benefits?

Tomorrow we will probably hunt around before filling up the fuel tank in our cars just to save a couple of pounds, probably wasting that same amount in fuel and time looking for the cheaper option, or causing long term damage to our engines by running the fuel too low forcing debris through the engine yet the thought of switching suppliers - No chance!

The big suppliers who we give our loyalty to are simply making money from our laziness and ignorance. We think nothing of spending hours ringing around insurance companies or surfing the net for better deals for our mobile phones, we'll even consider switching bank accounts for a better deal or 100 cashback. With our ability to find the best deals why is it that we seem to always overlook one of the most simplest ways of saving money.

It's not the fault of the suppliers, if they have millions of customers, why should they drop their prices? The fact is that there are better deals out there and many of the lower priced suppliers have high levels of customer service too. We constantly moan about the price of our gas and electricity and yet we still refuse to budge.

I think that the problem is that when the Energy market was deregulated, the whole country was inundated by a knock at the door - just as we were tucking in to our dinner! Hardcore door to door salesmen and women (or 'Field Sales Consultants') were sent out with two missions. One was to interupt your Shepherds Pie, and the other was to convince you that by changing that little name on the top of your Gas or Electric bill - you would be rich enough to buy a Fleet of Ferari's or purchase that island in the Bahama's you've had your eyes on! Ok - an exageration but people were mislead to the point where TV's Watchdog would have enough content to run many shows relating to disgruntled customers who switched with such sales tactics. Of course there are much tighter regulations in place to look after the consumer these days and in fact, everything is now stacked in the favour of the poor little consumer yet many of us still do nothing.

This gave us all a perfect excuse to do nothing, We could be blissfully happy knowing that we could do nothing and not feel guilty about it. Of course now we haven't got that excuse, Energywatch keeps a close eye on things for our piece of mind and still millions UK households waste millions every year by not switching to cheaper suppliers. One comparsion I can note from recent times was a gentleman who had never switched before, he saved 330 a year. If that was our insurance quote or mobile phone bill, we'd be patting ourselves on the back for a job well done. According to price comparison sites such as Money Angels, many of these cheaper suppliers actually offer a better level of customer service too.

In answer to the question posed earlier, we can win out of the Energy price wars, we just have to shop around and realise that it takes no time at all to switch, and if we want to switch again, we can simply do so. Suppliers only require 28 days notice and there are many companies that will take care of the whole switch for you. The key is for us all to stop complaining and do something about, only then will we all be winning consumers in the Energy price wars.



Article Source: http://www.eArticlesOnline.com

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You can Switch Suppliers with Money Angels, where Lewis Taylor's UK site will run an energy price comparison free of charge
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