Paul Hayhurst asked:




Gas, Electricity price comparison sites have become incredibly popular over the last few years and they can be a great way to save you money. But there are a few things you need to do to make sure you maximise your savings.

Gas, electricity price comparison sites work by comparing how much you pay/use each month with the prices charged by all the major suppliers to find out which ones would charge you the lowest prices. In order to get the best out of this then you need to make sure you provide the comparison websites with the most accurate information.

Where the problem usually arises is that most of us pay our bills by fixed monthly direct debit which is based on our estimated annual usage. In many cases, those estimates are not particularly accurate. Therefore to get the most accurate gas, electricity price comparison it is worth taking actually meter readings and calculating your actual usage.

Another major issue that can arise for people out of this is that where people have paid by estimated bill and this has been lower than their actual usage, his could mean that you end up owing your current supplier a lot of money.

This is fine if you have some money put aside, but if not it could be better for you to say with your current supplier and increase the amount you pay each month until you have paid back he money you owe. At this point you could then do another gas, electricity price comparison.

Despite these potential issues there can be no doubt that the gas electricity price comparison sites have been a great way to reduce your bills.

Bradley