Surging wholesale gas & oil prices are predicted to result in 2 more price rises in 2008 - totalling 40%. The average household energy bill is predicted to hit a crippling £1467 - a £555 increase in just 1 year!

1. Switch Your Supplier

You're free to switch your supplier anytime you want - however only 20% did so last year!
 
It's the perfect time to switch too: all 6 major suppliers have now hiked their prices, making it more easy to compare than ever.

To get the best deal, I recommend:

1. Move to Dual Fuel (get both gas & electricity from same supplier)
2. Pay by direct debit (most suppliers offer a discount)
3. Sign up to an online energy plan - (Rather than a standard tariff - it's at least 20% cheaper)
4. Consider a capped tariff - where rate is fixed for 2/3 years. You'll pay 10% more, but be protected from future rate increases
   

Want a hassle-free switch? GreatSwitch.com  compares ALL UK suppliers, and does all the paperwork for you!

2. Reduce energy consumption

Don't forget - you can also lower your bill by using less fuel!

* Turn down your central heating 2 degrees (6% reduction in energy costs!)
* Switch to energy efficient light bulbs (approx £40 saving/yr)
* Lower your hot water temperature to 110 degrees Celsius (approx £30 saving/yr)
* For small meals use a microwave - heating a whole oven uses double the energy!

That's it for my MoneyMail Energy Special - good luck with reducing your Energy bills!

Reduce your bills now with our 100% impartial switching engine >