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Gas and electricity - price is only part of the issue

Once again we are in the situation where double digit price rises for Gas and Electricity are the norm and everyone is wondering where to go for the best Gas and Electricity deals. Whilst it is a good time to be shopping around, Moneyfacts is calling on the Gas and Electricity suppliers to do more to help customers.

What tariff am I on?

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Before you can do a Gas and Electricity comparison, you need to understand what Gas and Electricity tariff you are on at the moment.

Most people would obviously look to their latest Gas and Electricity bill for the answer but the majority of Gas and Electricity suppliers make no reference to tariff on the bill. For many the only way to find out what Gas and Electricity tariff they are on is to contact their current provider.

Does my existing provider really want my business?

When you do a Gas and Electricity price comparison on Moneyfacts.co.uk, sometimes this will reveal that your current Gas and Electricity supplier has a cheaper deal - but why don't they tell you this?

There are a vast number of options available. A recent survey by Moneyfacts.co.uk shows that there are currently over 230 Gas tariffs and 160 different Electricity tariffs on the market.

Switching to a different Gas and Electricity supplier isn't always necessary. With Moneyfacts.co.uk you can switch Gas and Electricity tariff, but stay with the same Gas and Electricity supplier and reap the savings. Switching has never been easier and switching to the best deal for Gas and Electricity can save you as much as £320 each year.

How else can I cut my bill?

There are also other ways to save money: customer paying by a fixed monthly direct debit usually get a discount off their bill.

Online tariffs are another way to save money. The Gas and Electricity supplier incurs lower administration and billing costs and this saving is passed on to the consumer.

Further discounts can also be had if you have your gas and electricity with the same supplier.

See how much you could save on your Gas and Electricity today:

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