Switching Energy Supplier
Students, for a number of reasons, might not be on the cheapest energy tariffs available. It could be that to save time they just haven’t checked, it might be that the previous tenant's tariff has carried over into their lease period, or even because they’re not sure what a good energy tariff is.
Whatever the situation, even though it might seem a little dull to search for the best energy tariff, it is worth the hassle if students shop around for their energy or look for an alternative energy supplier.
To help people out, Ofgem have approved a list of energy comparison sites to use.
If, like most, the student property is a year-long lease, and those living there are going to be there for most of the year, then switching onto a year's fixed tariff could be the best way to gain the cheapest prices as well as possibly changing energy supplier.
Accurate Meter Readings
If the students have found themselves a good energy tariff, then congratulations are in order! However, this won't save as much money if they don’t know how to read the meters properly.
It is essential to provide accurate meter readings to energy suppliers. This way, everyone pays for exactly what is being used. If accurate meter readings aren’t provided, it could result in money being owed to the supplier, which could have a negative impact upon credit scores; especially if students fail to repay any debit balance.
For Further Information
As a student, every penny counts so, whether it's energy saving lightbulbs, turning electrical sockets off at the mains or turning down the thermostat, energy efficiency can save lots of money with very little hassle. Download PDF Guide