Moving home is a good time to review your electricity provider. There will already be an existing provider at the property (as long as it’s not a new build), but you are under no obligation to use said supplier. You can make significant savings on your electricity bill by choosing the best deal available from the various electricity companies that supply your area. These savings can often be multiplied by using the same utility company for your gas supply as well as your electric.

As long as you don’t have a pre-payment meter, it is advisable to set up a direct debit with which to pay your electric bill. There are three main advantages to paying by direct debit.

Firstly,  if you opt for monthly fixed payments, your payments will be the same amount on the same day each month. This can help your budget and save you from receiving unexpectedly high bills during the winter months.

Secondly, utility companies offer discounts to those customers who pay by direct debit. These discounts are available through the savings the utility companies make by not having to employ staff to chase and collect outstanding bills.

Thirdly, once your direct debit has been set up, you don’t have to pay your bill. This removes the possibility of you missing a payment and maybe incurring penalty fees.