- Jun. 29, 2009 -
The price increases and decreases from gas and electricity companies over the last couple of years have been keeping consumers on their toes and it can be difficult to know when best to switch energy supplier. With wholesale gas prices currently much lower than retail prices, it would suggest that price decreases may be on the way. High oil prices, which are linked to gas prices, however, could well mean that gas suppliers pass on little or none of these potential savings to consumers.
saving.com and TheEnergyShop.com, who power UK Energy Saving’s energy switch marketplace and have been looking carefully at the energy market, are therefore advising consumers to compare prices for their gas and electricity now, making a switch if savings can be made. Whilst retail price rises may also be unlikely, consumers can start making savings now rather than waiting for a possible price drop which may not materialise.
Hayley Jones, Web Marketing Director for UK Energy Saving, explains further. “It can be difficult to know when to consider switching energy supplier, but there is no time like the present to start making savings. Particularly in these tense financial times, most people are looking for ways to tighten their belts and switching energy supplier is an easy way to do this. Combined with energy saving measures in the home, consumers could start making real savings. And if customers sign up for a deal which doesn’t tie them into a minimum contract, they could always switch again should prices drop further than predicted.”
The UK Energy Saving energy switch marketplace offers the opportunity to compare prices and switch if a cheaper deal can be found. The relevant website page can be found at www.uk-energy-
gas_electricity.html. UK Energy Saving’s energy saving tips will also help consumers save money on their bills at www.uk-energy-
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UK Energy Saving is a consumer website offering information on energy saving, renewable energy and green living, including green product reviews.