How Much Are Your Monthly Bills?

My Energy have put this page together for you so that you can consider all of the different facets of your monthly bills. What many people don’t realise is that by talking about their bills, they will find out things that they didn’t know, things which can help them save money and reduce their energy consumption.

Ask your friends

Sit down with some of your closest friends and ask them, ‘How much are your energy bills?’. Be prepared with your own charges, so that you can make a comparison. Remember, number of rooms, the size of the home and the number of occupants will all play a significant role. Whether it’s a new build or an old property will have a dramatic effect too. It’s recommended that you talk with someone who has a similar size and age home to yourself.

Ask your colleagues

The staff room could be a good space to ask the question, ‘How much are your energy bills?’, as there may be several people who have been thinking exactly the same thing. It’s surprising how many people are worried about rising energy costs and the feeling of helplessness about reducing them. Start a friendly conversation asking ‘Has anyone switched energy provider recently? I’ve been considering it’. This will get mouths moving and ideas flowing.

Use Google to research

There may be a lot hidden on the internet, but the transparency of energy prices is actually surprisingly good. Various tools and articles have revealed average energy prices over the year, plus monthly breakdowns and prices of energy per unit. You can even find options that suit your lifestyle, especially if you have a defined routine where you are in the house at certain times of the day. Spending a couple of hours online using search engines to improve your knowledge cannot hurt your chances of improving your bills.

Log in to your online portal

If you’ve asked someone ‘How much are your monthly bills?’, and they’ve said they have no idea, perhaps you can get them to log into their online portal. It’s certainly beneficial to log in to your own so that you can see where your money is being spent each month. This will be even better if you have a dual fuel tariff, meaning your gas and electricity come from the same provider, as you can compare the charges side by side in easy-to-understand graphs and charts.

Try a few comparison sites

You can expand on the first question and ask, ‘How much are your monthly bills compared to the prices on the market?’. The only way you’re going to find that out is by going online and using some price comparison sites – of course, we recommend ourselves, as we’ve built this platform to help you. Asking your friends and colleagues will be a good reflection of what others are paying, but price comparison sites will show you what you could be paying. This is going to be more valuable for you.

Make a plan of action

The five sections in this article are going to provide the foundations of your plan of action – talking to others and doing your own research online. You may want to consider other options, such as taking measures in your home to reduce your gas consumption, but if you could be paying less per month in general, then those measures would have an even greater effect. Don’t delay, it’s unlikely that waiting is going to save you money.