My '£600' saving on fuel bills

I've finally taken the plunge on my fuel bills. I have been handing over ever-increasing lumps of cash each month to EDF Energy, which bought the former London electricity monopoly Seeboard.

Our yearly bills are roughly £2,000 a year. Global gas price boom or not - that's a disgrace. I used our switch & save calculator and found that Atlantic was the cheapest and will now cost me around £1,400 a year.

The danger with switching is that you may move to a company that is yet to hike its prices. However, as we pointed out back in July, Scottish & Southern Energy which owns Atlantic has promised not to raise bills until next year. It's also been consistently cheaper than most of its rivals in recent years. See here... www.thisismoney.co.uk/fuelbillsadvice

Bookmark our Money Savers section and we'll keep you up to date with the best advice on gas bills. I'll also let you know exactly how much I save.

- Andrew Oxlade, Editor, This is Money

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Comments

[J Barrett]

I've been looking to change fuel providers. However, 4 of them, on being given my consumption details, have told me first, that I am using much more kWh than is the case, and as a result, they can point me in the direction of 'substantial savings' which turn out to be more than I'm currently paying. What is going on? (I do this exercise about twice a year, with the same results.)

[graham eades]

to get the best deal...
a. go back 3 years,take the kwh reading,and subtract from the latest..then divide by 3 which will give the yearly average KWH usage
b. you may have to convert to kwh from units on gas but the right hand side of the bill explains how to do this.
c. enter the gas and electric KWR into a switching website and you will then get an accurate quote..NEVER use £ sterling