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STEM working with the team from LCC Power invite you to bring along your Electricity bill to a workshop on cost savings. We have detected that you have JavaScript disabled or you're using a browser that doesn't support it. In order to continue, you will need to enable JavaScript and refresh the page, or alternatively, upgrade your browser.
Your bill will also include a tariff comparison rate, which is similar to the APR on loans and credit cards.
However, bear in mind that direct debit customers tend to overpay in summer and underpay in winter. Finally, the bill should include details of how to pay, contact information and advice in case of an emergency. Your utility firm should, however, give you between 42 and 49 days' notice of the end of a fixed-term contract. Any exit fees attaching to a fixed-term contract should not be applied if you decide to switch once you have been given notice of the contract coming to any end.
Energy bills are a strain on household budgets and you might find that you are struggling to meet the cost of your gas and electricity.

The energy supplier is obliged to offer advice and to come up with a weekly, fortnightly monthly or payment plan based on your affordability. If you cannot keep up with the payment plan agreed with the firm, it could install a pre-payment meter. MoneySupermarket uses cookies, small text files which are downloaded to your computer's hard drive when you visit most websites. By accepting cookies, MoneySupermarket is able to provide you with a better service and customise your experience with us.
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Suppliers must now, for example, inform their customers if they offer a cheaper tariff and outline the potential savings.
The tariff comparison rate should make it easier to compare costs across the market, not just with your own supplier. If you supplied the meter reading from which the bill was calculated, you should see the letter C for customer. You can also ask the firm to explain how the monthly figure was calculated and negotiate a different monthly payment if you think it is unfair. People on fixed tariffs often get a bill shock when the fix expires and they are automatically switched to a standard rate.
In which case, you need to contact the supplier straight away - and back up your case with accurate meter readings.

You should contact your supplier immediately if you are in financial difficulty, or your energy supply could be cut off. If the amount is unrealistic, the firm could be in breach of its licence conditions and you could have grounds for complaint. You would then pay off a fixed amount of your arrears, as well as paying for your current usage. You can then make sure that the bill is accurate - and that you are signed up to the cheapest tariff.
Suppliers are also obliged to include certain details on your bill to help you to clarify and compare costs. Plus, the so-called tariff label must set out the key terms and conditions of the price plan in case you want to switch.
You might, for example, have turned up the heating or bought a new appliance that consumes more energy. The website can tailor its operations to your needs, likes and dislikes by gathering and remembering information about your preferences.

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