First of all, let us start this article by saying that for some dual-fuel customers, bills will work out cheaper than on a standard energy tariff. But according to new research conducted by Make It Cheaper, some consumers will find energy bills higher on dual-fuel tariffs, as reported by The Guardian. According to industry experts, consumers who use price comparison websites to compare energy prices could be paying up to £55 more than they need to, due to the sales process which leads them to take out a dual-fuel tariff.
If you have fallen for this sales process, you’re not alone.
According to Make It Cheaper, energy customers can save money by having two fuel suppliers – one for electricity and one for gas. “Most people like the convenience of having both gas and electricity on the one bill but there’s a growing number who take a contrary view,” said Scott Byrom, energy expert at Make It Cheaper. “Not only are they saving even more money by going for single-fuel deals but they’re managing their consumption better by having a clearer picture of exactly how much they’re spending on each.”
Traditionally, households have been better off by opting for dual-fuel deals, however the market is set as such that energy suppliers can squeeze every last pound out of customers simply by delivering clever marketing and sales spin during the switching process. So here’s a top tip – when you compare energy deals, do so for energy and gas, and choose two suppliers.
In most cases, it will work out cheaper.