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Gas electricity price comparison websites offer a wide variety of tariffs from a range of gas and electricity companies. It is estimated that around 20 million households are paying too much for gas and electricity. With recent increases in fuel prices, now is the ideal time to use a comparison site to ensure the best deals. Some offers on dual energy suppliers, who can supply both gas and electricity. There are also capped, standard, fixed, online, dual fuel and green tariffs. But what do these tariffs offer, and how do you know if they are right for you? In order to do this, we should look at what each tariff individually offers.

A standard price tariff is a no frills account, with a set price. These accounts tend to come with no extra discounts on entry. The one advantage with a standard price is that should you wish to switch there is no exit fee in order to do so. A capped or fixed price tariff means the price of your gas or electricity remains the same for a specified time agreed with your supplier. If it is uncapped, this means you could get a lower price for a limited period. An uncapped tariff also leaves you vulnerable to energy price rises.

The disadvantage of a fixed price is that if energy prices are reduced then you can be stuck with a more expensive bill for the same service. This is why it is a good idea to use a comparison site as you can remain vigilant to pricing trends and ensure you do not end up paying more. Some energy suppliers are offering cheaper online tariffs. There are currently 3.5 million households that use this method, reducing costs by getting billing via email and meter readings online. In order to take full advantage you need a regular internet connection so you can keep an eye both the readings and the prices.

Green energy tariffs are designed to reduce carbon emissions and encourage more efficient energy usage. There are numerous ways in which this can be achieved. Some suppliers are dedicated green energy suppliers. There are also what are known as feed in tariffs that offer reduced prices in exchange for using renewable sources such as solar panels and windmills.

Government grants are available that provide insulation and advice on reducing energy consumption. Some suppliers work on a demand basis, so that you pay less at non peak times. Another option is a dual fuel tariff. This means that you get your gas and electricity from the same supplier. Many people find this option easier as it means they only need to deal with one supplier and therefore only one company to contact in the event of any complaints. It is worth monitoring this kind of offer, as many companies often offer discounts to encourage dual fuel customers. This option is also often combined with an online account for further discounts.

Gas Electricity Price Comparison websites offer an ideal service as prices remain unpredictable in the current market. With the ability to compare prices, customers now have the power to choose what is right for them and not be at the mercy of the market.
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