How to be bill-savvy and avoid penalties
Tip 1: Our first piece of advice would be – you guessed it! – to really read the T&Cs. Yes, we know they’re dull and you’d much rather be doing something else, but it’s the only way to truly know what you’re signing up for. The average T&Cs of an energy provider are 8,130 words and 14 pages long – a document which takes nearly half an hour to read! But making sure you’ve had a proper sift through with a cup of tea and the TV on in the background could prevent you from being caught out, and most importantly, save you money.
Tip 2: If you’re a little on the disorganised side, why not consider setting up a direct debit? Nearly a quarter of households (24%) pay their energy bills via other methods, such as online payment, prepayment meter, the bank, or phone; but setting up a direct debit means you don’t even have to think about it - the money will just leave your account on the same day each month!