How do I know if I need to switch supplier?. What information do I need to know before I can compare...

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How do I know if I need to switch supplier?

Transcript of How do I know if I need to switch supplier?. What information do I need to know before I can compare...

Page 1: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

How do I know if I need to switch

supplier?

Page 2: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

What information do I need to know before I can compare energy

prices?

Page 3: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

Where can I find this information?

All of this can be found on your annual statement or you could

call your supplier.

Page 4: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

What information is on my annual statement?

• Your tariff name.• The discounts that you are

currently receiving.• Your usage for the last 12 months.• An estimate of your usage and

costs for the following 12 months if you stay on the same tariff.

• Conditions of your contract such as the length of time or any exit fees.

Since 2010 energy companies have been required to send an

annual statement.

Page 5: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

The Switching ProcessGather all of the information you

need.

Use our advisor toStart switching

process

contact a website with the Ofgem

logo either online or by phone

uswitch 0333 321 6808 Whichswitch

01992 822 867

Sign up to the new tariff. There

is a 14 day cooling off period.

Give meter readings to your

new supplier.Current supplier will bill you for

any outstanding money owed.

or

Ensure that new direct debit is set up and the old

one is cancelled if this is your

payment type.

Page 6: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

When you may not be able to switch.

• If you owe your supplier a debt and you do not have a prepayment meter.

• If you owe your supplier a debt of over £500 per fuel – even if you have a pre-payment meter.

• If you pay your landlord directly for your energy usage.

• If your lease specifies that you cannot change supplier – although this is very rare.

Page 7: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

Warm Home Discount – The Core Group

This is a discount that gives you £140 off your electricity bill this winter. If you are in the ‘core group’ you should get it automatically applied to your bill.To be in the ‘core group’ you must get Guarantee Credit added to your state pension.

If you want to check that you are getting this you can call us on

01384 817086or

DWP on 0345 603 9439

Page 8: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

Warm Home Discount – The Broader Groups

Each electricity supplier can also sign up and create their own broader group of people who can apply for the discount.

Each company has their own rules about who is eligible for their discounts – however they tend to give them to low income households, especially those with disabled occupants or children under 5.

The number of people that can apply is limited and they are offered on a first come first served basis.

You must re-apply each winter to get this discount.

If in doubt try to apply – don’t miss out!

Page 9: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

Payment Methods

Certain payment methods can get you discounts. This is sometimes a quick way of saving money without changing your provider or your tariff. It is important to think about how often you are able to pay and how much you can pay at a time. Some payment methods suit people with regular incomes, some payment methods are better for those people who use the internet to manage their bills, some payment methods do not get you any discounts.

Page 10: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

Ways of Paying your BillChanging the way that you pay your bill could save you money. Different payment methods suit different people.

Method Good points.

Bad points.

Who is it best for?

Direct Debit – the company tells your

bank how much money they want

every month.

Can get you a discount.

Allows you to budget – fixed amount every

month.

Must have a bank account.

You could be using more than you are

paying for.

People with a regular income.People who get paid monthly.People who

need to stick to a budget.

Standing Order – you tell the bank how

much money to give the company every

month.

You have control.

Allows you to budget – fixed amount every

month.

Must have a bank account. Doesn’t get

you a discount.

People with a regular income.People who get paid monthly.People who

need to stick to a budget.

Payment on arrival of bill – pay by cash,

card, giro or cheque when you get the bill.

Can pay at Post Offices and shops or by giro. Do not need a bank

account.

High winter bills. Hard to budget for.Late payment fees.

Easy to get into arrears. No prompt payment discounts

any more.

People with less regular

income.People who can pay high winter bills. People who

can save towards a bill.

Page 11: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

Online account direct debit – manage the account on the internet and pay by

direct debit.

You could get more discount for managing bills online.

You can check your account often . Allows you to budget.

You have to be able to use the internet

and a computer. Must have a bank

account. You should be able to read your

meter.

People who like to be in control of their account.

People who need to stick to a

budget. People who have access to the internet.

Budget scheme / cash plan / repayment plan - you must make regular payments using a card.

Payments can be made at Post Offices

and shops. You do not need a bank account. Can be used to

repay debts and arrears.

No discounts. You MUST make the

payments at exactly the right date, under or over

payments are not allowed.

People without bank accounts.

People who have debts to repay.

People who prefer to budget weekly

or fortnightly.

Key or Card Prepayment Meters - pay as you go Gas

and Electric.

Allows you to budget. You do

not need a bank account. Can easily see how much you are using. Can pay off debts

using the meter. Does not have to

cost any more than paying by other methods.

Easy to run out of credit and get disconnected.

Chance of losing or breaking key or

card. Must have a new card or key

when you move in or you may be

paying someone else’s debt.

People who can budget for regular

payments onto the card or key. People who are repaying debts.

People who do not have a bank

account. People who use very little gas or electricity. People who can

easily reach meter.

Third party deductions / fuel direct - payment is

taken straight from your benefits before you receive

them.

Spreads costs evenly

throughout the year. Allows

you to budget. Prevents

disconnections.

You are not in control of

payments. Can still get into debt. Stops

if your benefits stop.

People who get a qualifying benefit. The person getting the benefit must be the bill payer.

People who cannot pay their

own bills.

Page 12: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

The Priority Service Register

This means that you get an extra degree of support from your energy provider including things like;•Priority supply reconnection if there is a power cut or gas cut off.•Priority support if you have electrical medical equipment such as a stairlift.•Meter reading service.•Free gas safety checks.•Special controls and adaptations for some devices.•Bill nominees and password schemes. This is designed to give you more peace of mind and to ensure that you are safe and warm in your home.You have to call your supplier to find out if you are able to register on their scheme.

Page 13: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

Network OperatorsThese are the companies that transport the gas and electricity to your house. Electricity across the borough comes from

They also have a priority service register – which you can sign up to by calling 08457 240 240.

Gas is managed by Who can be contacted on 0800 111 999

Page 14: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

ECO

This is a government funded project that aims to get new boilers and better heating into houses that have low incomes.

Most funding is given to households that get income related benefits or residents who are disabled, ill elderly or have young children.

To find out if you might qualify for a boiler replacement or insulation please contact your energy supplier.

Page 15: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

ECOInsulation and Boiler

replacement ECOInsulation and Boiler

replacementThere are qualifying criteria to be

eligible for this funding. To find out if you qualify;

• Dudley Winter Warmth Support – 01384 817086

• Contact the supplier directly.• Citizens Advice Consumer

helpline – 08454 04 05 06

Page 16: How do I know if I need to switch supplier?. What information do I need to know before I can compare energy prices? My usage (kWh) and costs (£) for energy.

What to do next?If you want free support or advice

about any issues to do with your energy use, reducing the cost of

heating your home or making any of the changes listed in this

booklet please call:

01384 817086.