Government urges tenants to switch energy supplier
- 9th November 2011
- Renting Property News
As winter approaches, what other steps can London tenants take to keep a lid on their gas bill?
Consumers will have noticed an increase in their energy bills as the big six energy providers continue to push up prices.
The Government has suggested that tenants switch supplier to keep down costs.
The Government’s target to meet 30% of the country’s energy needs from renewable sources by 2020 is also having an impact.
The most effective way for tenants to save on energy costs is to switch their energy supplier and shop around for the best deal. Yet many consumers do not bother. More than half of current energy consumers have not switched provider since the market opened in 1996.
When switching accounts there are several options to consider:
- First, decide if a capped tariff is right for you. Capped tariffs are unlikely to be the cheaper option in the short term, but if energy prices continue to rise they can save money in the medium to long term.
- Internet managed accounts tend to be cheaper.
- There are often discounts for paying by direct debit every month.
After changing energy supplier or adjusting their account, consumers should look to their own energy habits. Following basic rules could enable the average household to make significant savings:
- Set the heating on a timer.
- Turn appliances and phone chargers off rather than leaving them on standby.
- Switch to energy saving light-bulbs.
Tenants coming to the end of their lease might want to consider moving to a modern new build as these tend to have better insulation.
If a tenant is worried about a property’s energy bill, they can ask to see its Energy Performance Certificate (EPC), which includes details about its energy efficiency.
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