Ofgem, the independent energy regulator in Britain says wholesale energy prices are increasing and we can expect higher utility bills as a result. That’s motivation to give your energy bill a closer inspection and you can observe that many people are overpaying for electricity around you.
If you’re set up as making auto payments every month, that may seem to be a very painless and convenient method. However, it does mean that you may be at risk of overpaying compared to the average electric bill and not even notice.
We are here to give you some electric bill help so that you can be sure your bill is correct and you’re getting the best value.
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Calculate Your Own Bill
When we get our electric bill, it contains all the information we need to check if we are being overcharged. It might seem obvious, but one of the most useful bits of information you can know is who is actually providing your electricity. There may be several providers in your State and you may be using the provider who charges the most per unit.
In some states, the price of electricity is regulated so it won’t matter which provider you use, the price will already be set by the State. Still, even if you’re electricity price is regulated, it doesn’t guarantee your monthly bill is correct. The simplest way to check is to identify your unit price and check the total number of units consumed in the billing period and multiply them together.
Once you add taxes and any service charges noted on the bill, it should match your total figure. As a general rule, if your routine at home is stable, so should your electric bill be about the same every month. If you notice a difference, then think about what may have changed to produce that.
Be Energy Conscious
It’s helpful to talk to your friends and neighbors about the cost of energy in their homes. With the rising price of energy and numerous other variables that make the cost of living more expensive, this shouldn’t be a topic too difficult to get into. Knowing if others are overpaying for electricity can be a very helpful reference.
If it seems you’re electricity bill is higher than comparable households, there are things you can do to be more energy conscious and reduce the amount of electricity your needlessly using. For example, you can make sure lights are turned off when not need, as well as use energy-saving lightbulbs. Be determined to turn off electrical equipment, even if it’s on standby, as this is still consuming small amounts of electricity throughout the month.
Consider replacing some of your older electrical items as these will be very energy inefficient. Good examples are white goods like refrigerators and washing machines that have the potential to needlessly eat up a lot of energy. Another great idea is installing solar power from companies like Blue Raven Solar that can help offset your energy consumption.
Get Electric Bill Help
In this article, you’ve read about getting electric bill help. You should first, find out who your supplier is and whether the state electric rate is regulated or not. Second, being energy conscious can make a big difference in reducing your monthly bill.
As much as you use electricity, there is the potential to reduce your monthly cost. We are living in stressful and expensive times, and this is the kind of advice we need to make sure every hard-earned dollar goes as far as it should. You can check out other informative and interesting articles on our site that match your interests.