Common myths about switching energy supplier
by Natasha Christou Digital Marketing ConsultantMany people shy away from switching energy supplier, but it
could in fact save you hundreds
Myths in the energy market, do actually put people off
switching their energy provider. Consumers end up overpaying for their energy
because they believe switching providers is difficult and time consuming. In
reality, switching your energy provider isn’t difficult at all, it can be done
in a matter of minutes.
Here, Green discuss
some myths circling the energy market and our thoughts around these myths:
“I won’t save enough money to bother switching”
If you have never switched your energy supplier, you may
find yourself on a standard variable tariff (SVT) – this is a tariff that you
are automatically rolled onto by your energy supplier if you have not chose to
switch to a different tariff or provider. SVT’s are usually more expensive than
fixed rate tariffs. By switching to Green, on our cheapest tariff you can
expect to save £300 per year compared to the Big Six standard variable tariffs.
“I don’t want to be charged twice during the switch over”
You will never be charged twice when switching your energy
supplier. Once you have submitted your switch, your new supplier will be in
touch with your current provider, to let them know that you will now be a
customer of theirs. Your current supplier will bill you up until this time,
then your new supplier will take over the supply from your live date.
“My gas and electricity will be switched off when I
switch”
There is never any disruption to your supply when switching
energy providers. Your energy is supplied through existing pipes and cables, it
is only the supplier of this energy that changes.
“I can’t switch because I don’t own the property”
If you are responsible for paying the energy of your home,
you have the right to switch energy supplier, whenever you like. You could
check the terms of your tenancy to see whether it states you or your landlord
is responsible for the energy bills or ask them yourself.
“I can’t switch supplier as I am in debt with my current
provider”
This myth is partially true, but only valid if you have been
in debt with your supplier for more than 28 days. You will need to pay your
debts before switching energy providers. The only exception to this is if the
reason you’re in debt, is actually your energy providers fault.
“Switching is difficult and time consuming”
Many people assume that switching their energy supplier is
time consuming and complicated, however this is not the case. Switching energy
is now one of the easiest financial products to switch and only takes a few
minutes. Once confirming your switch to another supplier, the new supplier will
take care of everything from this point. Meaning no hassle for you as the
consumer.
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Created on Mar 5th 2020 10:33. Viewed 418 times.