Brits urged to shop around for utilities - Gas and electricity - News - Moneyfacts

News

Brits urged to shop around for utilities

Brits urged to shop around for utilities

Category: Gas and electricity

Updated: 20/04/2009
First Published: 20/04/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Shopping around for a cheaper gas & electricity provider is one way that consumers can make their wages go further, it has been stated.

The Co-operative Bank has made a number of suggestions for Britons who are looking to cut back on their spending, after finding that most people have used up their disposable income by the 20th of each month.

In addition to looking to switch utility suppliers, the bank urged consumers to regularly check accounts, with the study showing that 40 per cent of respondents are unaware of their balance.

John Barker, head of current accounts, remarked: "In the present economic climate developing a household budget is essential to keep spending in check and to identify ways costs can be trimmed."

Age Concern and Help the Aged recently called for greater help with energy bills to given to older people, noting that fuel poverty is a growing concern for many in the group.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

British Gas freezes standard energy tariffs

British Gas has announced that it’s freezing its standard gas and electricity tariffs for the winter, ensuring that customers needn’t worry about price rises in the chilly months ahead. But is that enough to ensure households aren’t paying too much?

Living in a new home could cut fuel bills by half

Older homes will always be slightly more expensive to heat, with less insulation and sneaky draughts making these character-filled homes harder to heat efficiently. But did you know just how much more this could cost you? It could be double…

Standard energy tariffs are “fundamentally unfair”

We all know how expensive energy bills can be, particularly at this time of year when we’re all turning the thermostat up a notch. But what if you’re paying even more than you should be? If you’re on a standard tariff, that’s a very real possibility.
 
Close