Bundle your electricity and gas accounts to unlock discounts on your energy bills.
A simple way to save money on your energy bill is to combine your electricity and gas under a single bundle plan. Many energy providers offer discounts and other incentives when you bundle with them, saving you money over signing up to separate gas and electricity plans and eliminating the hassle of dealing with multiple energy accounts and providers. We'll help you compare prices and tariffs to help reduce your household costs.
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Energy bundles often offer customers discounts for combining gas and electricity into one plan. These bundles work similarly to tech bundles that allow you to combine your broadband connection with other services such as pay TV, mobile phone or landlines for a lower cost. While this can save you money, make sure the bundled energy plan is suited to your needs and that you're actually saving money.
Bundled plans are generally simpler but they can be less flexible. If you're currently getting your services from different places, then the big difference you'll notice in your billing is that instead of receiving several bills on several days, you'll now get everything sent to you at once. This can make budgeting, paying and planning ahead much simpler.
The main benefits of bundled energy are lower costs and reducing the number of bills you have to pay. However, whether bundling your energy bills works out cheaper for you depends on where you live and which energy providers you're comparing. Some providers offer better rates or bonus credit when combining gas and electricity, while others only provide bundled services and do not offer standalone gas or electricity plans. Some providers may not differentiate between standalone and bundled services at all, which is why it's important to shop around before settling on a specific provider.
What happens if I can't pay my bill?If you're unable to pay your bill or are entering a situation when you soon won't be able to pay your bill, then get in touch with your retailer as early as possible. Your retailer may be able to give you an extension or set up a personalised payment plan that takes your financial situation into account.
To compare bundled plans, you need to understand your usage. Some plans offer different rates of energy for different times of the day, while others offer options for heavy and light users. There are also options for people interested in going green.
When choosing a bundled energy plan, consider the following factors:
- Discounts. Consider the discount you'll get by combining your gas and electricity bills into a bundled plan. If a bundled plan won't save you money, it's not worth switching.
- Billing period and payment options. Your bill may need to be paid monthly, bimonthly or quarterly. Check which payment options the retailer provides to make sure you can pay your bill in a way that's convenient for you.
- Exit fees and early termination fee. Many providers charge a fee when you end your contract early or switch providers. Check with your provider to find out if this cost applies before you cancel your current plan.
- Renewable energy. Many energy providers now offer GreenPower plans for customers who want to use renewable energy sources such as solar, hydroelectricity and wind.
- Incentives and rewards. Some retailers offer bonus incentives such as rewards programs, frequent flyer points or discounts at stores.
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Once you've compared providers, checked out the prices and picked the plan that offers what you want, you can switch to your new energy provider.