Thursday 17 July 2008

energy-comparison compare energy prices to cut costs

Energy providers vary greatly across the United Kingdom, with some large companies dominating the market and smaller companies spread throughout. When choosing your next place to live, or simply looking to cut household costs, it can be important to compare energy prices and companies and prices in the area to see if you can get a bit of a bargain. The British energy market is comprised of several companies: British Gas, NPower, Scottish Power, and a group of other, more local electricity companies that are much smaller in size.


First, find out more about the company options that are available in your areas. Websites like energychoices.com provide electricity switching comparison services, including for gas and electricity, as well as water and broadband based on your postcode. The most important thing to compare is the tariff rate. There are many different options to choose from.


British Gas is one of the largest electricity companies in the United Kingdom and can be one of the cheapest, depending on the area where you live. British Gas is available all over Scotland, Wales, and England., operating under the name Scottish Gas in Scotland. They provide both gas and electricity and have a range of discounts if you sign up for your services online. In addition to providing maintenance, they also provide installation for central heating, such as boilers, and provide repair services. British Gas prices include the possibility of saving £122 on the standard tariff, both on electricity and gas services. They also have the market tracker, which allows you to follow the wholesale energy market more closely than traditional energy products.


nPower is another large energy provider, supplying 6.8 million customers in the UK and is jointly owned by a German energy company. It has three different plans, including a standard plan, a capped plan for a certain time period, and a plan that allows users to derive some supply from green energy sources. Consumers should keep in mind that npower raised its rates for npower gas by 17% and npower electricity by 12.7% in January. But it is still worth checking to see how their prices compare in your area.


ScottishPower is slightly smaller than npower and provides energy to 5.2 million customers all across the UK. It has a much broader range of plans offered than nPower or British gas, including a fixed price energy 2009 plan, an economy 7 plan, and a green energy plan as well, all of which come in different variations. After some price rises in 2006, ScottishPower reduced gas and electricity prices by 16.5% for gas and 6% for electricity.


One major benefit from almost all of the providers is that you will not lose power during the switch, and it is usually free to switch for all providers. However, do your research carefully and run the companies through a comparison engine based on the plan you are looking for . Not all companies may have the same plan, especially if you are looking for something cheaper. Make sure that each plan you compare has the same features. It is usually well worth the bit of effort needed to compare gas and electricity prices, as there are usually savings to be made.

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