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Switching utility suppliers is an easy way to save money on your gas and electricity bills. Learn more about utility suppliers and switch yours online at the Gas And Electricity Comparison Centre.

Switching utilities

Quite simply, people switch from one utility supplier to another utility supplier because doing so can save them hundreds of pounds a year on their utility bills. Gas prices and electricity prices can vary wildly between suppliers, which means switching utility suppliers can save you a great deal of money. In fact, around 100,000 people switch their gas supplier, electricity supplier, or both, each week!

So which utility supplier or suppliers are all these people switching from and to? Firstly, most people are moving from having a separate gas supplier and electricity supplier to having one utility supplier who provides both gas and electricity. Dual fuel plans, as these are known, are usually a less expensive option than separate gas and electricity plans because they tend to feature incentives and price reductions that cut the overall cost. Additionally, there's the convenience factor: if one company supplies both your gas and electricity, you only have to contact one company if you have any questions or concerns. And the utility suppliers in question? Generally people are switching away from British Gas and to one of any number of independent or newer regional utility suppliers.

Why switch utilities?

Many people are asking, and quite rightly, why on earth we're all switching utility suppliers now. After all, if we can save so much, why have we waited so long to do it? Well, there's a reasonable explanation. The electricity and gas supply industries were deregulated in the late nineties, which opened the market up for competition. For most people, British Gas and traditional regional electricity suppliers are no longer the only option. Shopping around for other utility supplier options with utility comparison devices like The Motley Fool's Utilities Comparison Tool can help you learn which gas supplier or electricity supplier can offer you the best prices on your utility bills. People who search for the best possible deals can usually save more than £100 per year on their utility bills!

How to switch utilities

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