Taking control of your energy bills should be at the top of any ‘To Do’ list when it comes to keeping more money in your pocket.
With savings of around €790 available by switching electricity and gas supplier the amounts involved really add up. And when the choice is between higher energy bills or having more to spend on yourself and your family then the answer is pretty simple.
So, let’s take a look at how to compare and switch to a better energy deal…
Are there many suppliers to choose from?
The electricity and gas markets in Ireland are really competitive…and comparing, switching and saving money is easy, especially when you use Power to Switch
There are 11 electricity suppliers to choose from (remember ESB Networks doesn’t supply electricity).
The suppliers are Bord Gáis Energy, Community Power, Ecopower, Electric Ireland, Energia, Flogas, Pinergy, PrePayPower, SSE Airtricity, WaterPower and Yuno Energy.
There are 6 gas suppliers to choose from. They are Bord Gáis Energy, Electric Ireland, Energia, Flogas, PrePayPower and SSE Airtricity.
These suppliers also offer Dual Fuel deals. With a wide range of tariffs, promotions and deals to choose from there should be a plan to suits your needs.
Aren’t energy suppliers all the same?
No, each energy supplier provides a choice of tariffs, deals and incentives.
They have a range of billing methods and payment options which could save you money. Some will offer an introductory bonus or cashback for switching to them. Many suppliers offer a discount for the first year and there are tariffs which offer a fixed rate for the duration of the contract term – so again it’s about picking the deal that is best for you.
Is it easy to compare energy deals?
Yes, especially when you use Power to Switch. Simply enter a few details on how much you currently spend on electricity (or how much you use) – an old bill or statement can help. If you don’t have these details you can still compare deals for your home based on an average usage figure (4,200kWh for electricity and 11,000kWh for gas).
We will check all suppliers to identify the best deals available – as well as savings there is information on the energy supplier, any cashback or bonus offers and tariff terms & conditions.
What should I think about when comparing energy deals?
There are a few things. Firstly, how you pay can impact on the range of tariffs you can choose from. The main payment options will be Direct Debit, Pay as You Go, or cash/card or cheque.
Finding the cheapest electricity or gas deal will often be top of the list – but there are a few other things to think about…
-
- How you want to be billed – (online/email billing or postal bills)
- What type of plan you want – (discount tariff, fixed rate tariff, smart or Time of Use tariff)
- Is there a contract term e.g. 1 year (remember to check if there is an early exit fee)
- Are there any other perks, cashbacks or promotions with the offer
Is the switching process a hassle?
No, your new supplier will take care of the switching process – you don’t even have to tell your old supplier that you are leaving.
There will be no interruption to your supply and no changes to your meter, wiring or connection. You also have ten working days to cancel the switch if you change your mind. The switch to your new suppliers will normally complete in 21 days.
What do you need to switch?
To find a better energy deal and switch hassle free there are a few things you will need:
1. Your MPRN or GPRN
The Meter Point Reference Number (MPRN) is an 11-digit number which identifies the electricity meter in your home. The Gas Point Reference Number (GPRN) is a 7-digit number which also identifies the gas meter in your home.
Your MPRN or GPRN will be printed on the front of your electricity or gas bill.
2. Personal Details
Your new supplier will need some personal details in terms of name, address, email and contact number. You can also inform your supplier if you need anyone else registered on the account or if you have any specific medical or support needs.
3. A Meter Reading
An up to date meter reading will help ensure that your new supplier can accurately estimate your usage and ensure your bills match across to your usage. It’s often a good idea to provide your supplier with regular meter reads to avoid bills being generated based on estimated readings.
4. Bank Details
If you are signing up to a Direct Debit tariff your new supplier will need your bank details and agreement to set up a Direct Debit mandate.
5. Your Agreement
As part of the sign-up process you will be asked that you agree to the terms and conditions of the offer (so it’s important to read these). You will also need to confirm that you are aware that you can cancel the switch within 10 working days.
Comparing and switching energy deals is easy – why pay more on energy bills than you need to. Check out what you could be saving with Power to Switch
