How is my energy bill calculated?
Energy bills are calculated based on the number of units consumed plus any standing charges your supplier has.
By providing meter readings to your energy supplier(s), this allows them to see the number of units used by subtracting the number provided from the previous meter reading. This is then used to work out your bill.
If you do not provide a meter reading, the energy company will calculate your bill by using an estimate based on past use or a standard rate.
Is electricity cheaper at night?
Suppliers will have set "peak" times. And, depending on your tariff, electricity might cost more in these peak times. Out of peak times, which is often at night, electricity could be less expensive.
Who is the best or cheapest energy supplier?
There's no "one size fits all" answer unfortunately. The price you'll pay varies from supplier to supplier, tariff to tariff, and area to area. And, what's best for you also depends on what matters most to you in your new energy tariff. Whether that's the price, contract flexibility, supplier name, or even renewable energy.
How do different payment types vary?
The cost of your tariff may depend on how you choose to pay your bill. Paying by Direct Debit can make your bill cheaper and your supplier will automatically take the amount from your bank account. You can also pay by cash or cheque on receipt of your bill, known as ‘standard credit’. Prepayment meters often require a physical key and card that you top up at selected shops.
Will I have to pay for my energy twice while switching?
No. Your new and old supplier work together to make sure you only pay for the energy that you use.