Save the world whilst you save your pretty pennies

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The Introduction

“Pennywise, pound foolish”

It makes sense for you to try and cut down on your costs because maintaining one’s standard of living is gone up exponentially. However, it is silly to try and cut back on saving a few pennies rather than evaluating the route the pounds take to leave your pocket.

The smart thing to do is to consider your major costs such as your utility bills. It is a fact that the utility bills make up a major chunk of the monthly expenses. So, why not figure out a way to cut those down?

In most cases, people do not even know if that is even a possibility. They start up with a utility company, usually, one either used by their parents and such or even by the previous owner of their newly-bought home, and stick to the same provider for the rest of their lives. 

Therefore, the question that is quite frequently asked is, is it even possible to have another utility provider?

The answer to both the previous questions is a resounding yes. There are several providers in the market offering a variety of products as well as services.

Now, there are a few things to look at before you choose the best utility company for yourself.

Determine the kind of energy you need

You need to figure out if you only need electricity or natural gas in your house, or both. If there are only electrical appliances used, then having to pay for a supply of natural gas is utterly pointless.

On the other hand, if you do use both electrical appliances as well as stoves or geysers that use natural gas, then you ought to consider if getting both these energy supplies from the same provider is more economical.

Check your current contract and plan

It is obvious that you first need to find out the amount that you are paying for energy per unit. This can be easily done by going online to the current energy provider and viewing the energy supplier contract.

You take a look at the kWh for electricity and per therm for natural gas usage. Once you know this, you can then look around to find out who is providing better rates in the market.

Consider your energy patterns

If you do manage to find out your energy usage, both on a weekly vs. weekend basis or according to the different seasons, you may even be able to bring down your bill through energy conservation.

This helps you understand if you need a fixed-rate plan or a variable-rate plan. In the long run, you just end up paying less for your utility bills.

In short, if you do want to save up on your utility bills, the easiest thing to do is to get smart. A little bit of research goes a long way, and it can all be done online. So, take a look around to find out what suits your needs, and goes easy on your pocket. Once you have managed to figure that out, simply switch. And, the best place to go to point you in the right direction, go to https://www.simplyswitch.com/.

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About Author

Founded in 1994 by the late Pamela Hulse Andrews, Cascade Business News (CBN) became Central Oregon’s premier business publication. CascadeBusNews.com • CBN@CascadeBusNews.com

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