In today’s world, where energy consumption is a significant expense for most households, energy comparison sites have become an indispensable tool for homeowners. With the rising cost of energy bills, homeowners are always on the lookout for the best deals on gas and electricity to help them save money.
Comparison sites offer a convenient and user-friendly platform for homeowners to compare energy suppliers and tariffs, enabling them to switch to cheaper and more efficient energy plans. As a result, energy comparison sites have become a popular resource for homeowners looking to reduce their energy bills and increase their household savings. Some even say it is the best way to save.
In recent years, comparison websites like USwitch have made it easier than ever for homeowners to switch evert providers, and the number of people using these sites has been steadily increasing. In fact, according to the same Ofgem survey, around 60% of households who switched energy suppliers did so using an energy comparison site, and those who have switched have saved an average of £200 per year on their energy bills!
Why should I switch my energy supplier?
Switching energy providers every few years can be beneficial for several reasons.
Firstly, it can help you get a better deal on your energy bills as prices can vary significantly between different suppliers and energy tariffs. Secondly, it can help you avoid being placed on a standard variable tariff, which is typically the most expensive tariff offered by energy companies. Thirdly, it can allow you to take advantage of renewable energy if you’re concerned about the environment, or monitor your usage better with the likes of a smart meter.
Lastly, switching energy suppliers can also help you get better customer service if you’re unhappy with the service provided by your current supplier. While it’s not always necessary to switch energy suppliers every few years, it’s worth considering if you haven’t switched in a while to see if you could save money or get a better deal by switching. With fluctuations in the energy market throughout 2022 and beyond, your electricity supplier could be offering better energy price deals if you are using a method like direct debit, too.
Here at Niccolo, we researched the best and worst of energy comparison websites on the market in 2023 so you don’t have to.
LoveEnergySavings
Love Energy Savings is a UK-based energy comparison and switching service that aims to help households and businesses find the cheapest energy. Founded in 2007, this company is different as they offer business energy alongside household options. The company has grown rapidly and now serves thousands of customers across the UK. Love Energy Savings offers a free, user-friendly comparison service that allows customers to compare a range of energy suppliers and tariffs to find the best deal for their needs. The company is committed to providing excellent customer service and has received a 5-star rating on Trustpilot, with customers praising its easy-to-use platform, helpful support team, and savings on energy bills. Love Energy Savings is also dedicated to promoting renewable energy and offers a range of green energy tariffs to help customers reduce their carbon footprint. Whether you’re a homeowner or a business owner, Love Energy Savings could help you save money on your energy bills while reducing your impact on the environment.
Moneysupermarket
MoneySuperMarket is a UK-based price comparison website that helps customers compare a range of financial products, including energy tariffs, insurance policies, credit cards, loans and the best energy suppliers. Established in 1993, the company has grown to become one of the largest and most trusted comparison sites in the UK, with millions of customers using its services each year. MoneySuperMarket offers a free and easy-to-use platform that allows customers to compare gas and electricity bills from a range of suppliers, helping them to save money on their energy bills. The site also provides a range of tools and resources to help customers manage their finances more effectively, including money-saving tips and expert advice. MoneySuperMarket is committed to providing its customers with the best possible service and has received numerous awards for its work, including Best Comparison Site at the 2020 Moneyfacts Consumer Awards. Whether you’re looking for a better energy deal, a new insurance policy, or a more affordable loan, If you want to save money on gas and electricity, we are certain that MoneySuperMarket can help you compare the options.
Compare The Market
You have probably seem Compare The Market ads growing up in the 200s. Established in 2006, the company today work with all big energy names in gas and electric to compare and provide cheap energy information and exclusive deals to help households like us to find the cheapest deals when you switch your energy supplier.
The site also provides a range of tools and resources to help customers manage their finances more effectively, including big money saving tips and expert advice. Comparethemarket.com is committed to providing its customers with the best possible service and has received numerous awards for its work, including Best Price Comparison Website at the 2020 Moneyfacts Consumer Awards. Whether you’re a homeowner or a business owner, Comparethemarket.com can help you compare energy tariffs and find the best deal for your needs, making it easier for you to save money on your energy bills.
GoCompare
Just like Compare the Market, GoCompare had a unique marketing strategy in the 200s that helped them approach rising energy costs and save money for households directly. They are one of the leading comparison sites when it comes to saving you money directly. They offer a range of financial products, including energy tariffs, insurance policies, credit cards, and loans, but most importantly compare gas and electricity prices, ultimately helping you find your new supplier by March 2023. If you are passionate about finding the best deals available, any of our suggestions are able to compare wholesale energy prices at the click of a button.
What do I need to know before I compare energy prices?
To find the best deals on energy tariffs, and switch gas or electricity supplier, most energy companies will need to know more about your usage before they can offer you the cheapest energy. Because this relies on a number of factors, you will be asked for…
- Postcode: Your postcode is used to determine your regional energy prices and availability of tariffs.
- Current energy supplier: You will be asked to provide the name of your current energy supplier, as well as the tariff you are currently on. This helps the company to determine how much you are currently paying and identify potential savings.
- Energy consumption: You will be asked to provide information about your energy consumption, usually in kilowatt-hours (kWh) or pounds sterling (£). This can be found on your energy bill, or estimated based on the size of your home, number of occupants, and other factors.
- Payment method: You will be asked to choose between various payment methods, such as monthly direct debit or quarterly payment. You should also note if you have a prepayment meter. If you can, take a note of your meter reading before you switch to ensure you are not charged unnecessarily. Once you confirm your switch, you will receive one bill outlining the money you owe.
- Preferences: You may be asked about any preferences you have, such as a preference for green energy or fixed rate tariffs.