
The dual-fuel tariff is offered to businesses that need both electricity and gas. Most businesses or domestic users buy their gas and electricity from two different suppliers. This arrangement is not only inefficient but it is also costly. A dual-fuel tariff will allow you to get your gas and electricity from the same supplier. This contract will save you hundreds of pounds on your utility bills.
Getting your gas and electricity front the same supplier will make the whole process efficient and smooth as well. Many energy companies offer discounts and lower rates to customers who buy both of their utilities from them. They do this because they do not want to lose you to another supplier.
It also makes it easier for you to manage your energy account and you will be getting a single bill that has figures for both fuels.
How Can You Switch To Dual Fuel Tariff?
You can switch to a dual-fuel tariff by comparing your electricity and gas suppliers’ fuel prices. You must make sure that you get the individual rates as well as dual-fuel rates. This will allow you to make an informed decision.
Or you can opt for an energy brokerage. This energy brokerage will evaluate your monthly and quarterly usage. Then the brokerage will contact their network of suppliers and get you a favourable deal.
Consulting a brokerage can give you an edge when getting a dual-fuel tariff. The energy broker and the suppliers have an old relationship. Therefore, the supplier can offer discounted rates to the brokerage. They also do this because they know that the brokerage will transfer the potential consumer to another supplier if they do not give a cheaper rate. Check out Utility Bidder.
Is Dual Fuel Always Cheaper?
Dual fuel is most of the time cheaper but sometimes it is not. It is because the prices can fluctuate and you might have to pay more than you were paying with two different suppliers.
This is why you should do the price comparison on dual-fuel before you decide to move to this contract.
It is common for single fuel tariffs to be cheaper because you might be able to get either cheaper electricity or gas. So you should do a fuel-tariff comparison for both fuels. Therefore, if you are getting cheaper tariffs with a single fuel contract you should stick with it because that is the best deal for you.
What Else Should I Check For?
If you are planning to change your contract to a dual-fuel tariff because your fixed price contract is ending, you need to take into account a number of things.
First of all, you must ask the supplier you are signing up with about the type of contract. Whether the dual-fuel tariff contract has a fixed rate or a standard variable rate. Second, thing you will need to do is to find out whether your new supplier has online energy plans that can be tweaked later on or not.
Also make sure that your supplier does not bill you on estimated units because this can lead to overbilling in some instances.
Where Can I Find Professional Help?
You can contact the Utility Bidder. They have an award-winning energy procurement service that offers consultancy on getting the best possible energy rates.
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