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Switching Energy Suppliers: A Step-by-Step Guide to Saving Money

Published Date:31.07.2024

Are you tired of overpaying for your energy bills? You're not alone! With a little effort, you can find a cheaper deal and save some serious cash. This guide will walk you through the entire switching process, from comparing prices to finalizing your switch.

Step 1: Compare and Conquer

Before jumping in, let's compare deals to find the perfect fit. Here's what you'll need:

  • Your latest energy bill: This will have crucial information like your current supplier and estimated usage.
  • Head over to a comparison website: You can use a service like Saverstop.ie's comparison page to streamline the process.

Once there, follow these steps:

  1. Choose your fuel: Are you looking for electricity, gas, or a dual-fuel deal?
  2. Fill out the form: Provide details like your current supplier, meter type, and estimated energy usage (usually in kWh or euros).
  3. Compare away! Click "compare prices" to see a list of potential savings based on your information.
  4. Filter and choose: Refine the results to find the best deal for you based on price, contract length, and any green energy options.

Step 2: Make the Switch

Found your dream deal? It's time to switch! Here's what you'll typically need to provide:

  • Personal and contact information
  • Meter details: Gas meter = GPRN, Electricity meter = MPRN
  • Meter readings (optional): You can usually submit these later.
  • Confirmation details: Address, bank account information
  • Final agreement: Read and agree to the terms before placing your order.

Step 3: Cooling Off and Cancellation Fees

Don't worry if you have second thoughts! You have a 14-day cooling-off period after the switch is complete to cancel free of charge.

However, cancelling after this timeframe or while still in contract with your current supplier can incur an early exit fee (usually around €50 per fuel).

Bonus! More Resources to Save Energy and Money

This guide is just the beginning! Here are some additional resources to help you on your energy-saving journey:

  • Understanding your bills: Learn how to read and understand your gas and electricity bills.
  • Switching terminology: Demystify common terms used in the energy switching process.
  • Frequently Asked Questions: Find answers to common switching queries.
  • Beyond price: Consider other factors like green energy options when choosing a supplier.
  • More resources: Explore a wider range of energy-saving tips and guides on Saverstop.ie's blog and guides pages.

Need Help?

If you get stuck at any point, Saverstop's customer service team is here to assist you. You can reach them:

  • Phone/Whatsapp message: 0894440099.
  • Email: service@Saverstop.ie
  • Social media: Facebook, Twitter (X), or Instagram

With a little research and this guide, you can say goodbye to overpriced energy bills and hello to savings!