When the focus is on how much energy bills have risen and how much they are set to rise again it seems that tens of thousands of people are still with energy providers that are charging them to much for their home or even business gas and electricity.
So on one hand consumers will grumble that the price of fuel seems to be rising every month but on the other hand refuse to do anything to help themselves.
A common reason given when asked why someone has not changed to a new energy supplier is “they all raise their prices at the same time” (IE: their all the same)
Well OK that is generally true and most providers will increase (or lower) the price of fuel in line with their competitors, however, what most people do not seem to realise is that although 1+1 should allways add up to 2, the full answer in actual terms can sometimes produce quite different results as explained in the following example.
A is charged £1000 a year for home gas and electricity usage and his/her energy provider raises its price by 15%, this means the expected cost next year will be a hefty £1150.
B lives next door to A but is with a rival supplier who is currently charging only £900 for exactly the same energy use (£100 a year less). B’s energy provider also decides to put it’s prices up by 15% which means that the expected cost to B for the following year would be £1035.
So though A & B’s energy suppliers did raise the price of their gas and electricity by the same percentage, B is now actually paying £115 a year less than A.
The moral to this little tale is simple … Change Your Energy Supplier !!
Footnote: This does not include VAT





Try them figures again but this time use the recent 35% increase.