Dual fuel energy plans: Everything you need to know
As energy prices continue to be a little turbulent and the cost of living continuing to rise, households are looking for ways to reduce their bills and cut back on their expenses. Looking for a dual fuel energy plan can not only help streamline your energy bills by having both gas and electricity in the one place, but you can also potentially unlock discounts and savings with dual fuel offers.
At E, we believe everything should be simple and straightforward for our customers, so if you’re considering a switch, here’s a few things to consider.
What is a dual fuel energy plan?
A dual fuel energy plan bundles both your gas and electricity together, managed by one supplier. So, instead of having to deal with one supplier for your gas and another for your electricity, a single supplier can take care of everything for you.
According to Ofgem, over half of UK households are now on dual fuel or bundled tariffs and as well as making life easier, some duel fuel plans offer discounts or benefits that you wouldn’t get with a single fuel plan.
What’s driving more households to switch to a dual fuel energy plan?
If you’re managing your energy with 2 different suppliers, you may find that you are paying more. Here’s why you may benefit from a dual fuel plan:
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1. Cost Savings
Many suppliers offer exclusive discounts for bundling gas and electricity together. These discounts can range from fixed monthly reductions to annual rebates.
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2. Streamlined Bills / Payments
If you’re a credit customer, you can have 1 bill and one Direct Debit payment for your energy. If you’re a prepayment customer, you can manage your energy using 1 mobile app.
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3. Easy Switching
Thanks to the Energy Switch Guarantee, the switch should be seamless and hassle free. Your new energy supplier handles the switch with no interruptions to your supply.
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4. Exit-friendly Tariffs
Some fixed-rate plans can have early exit fees, however many suppliers now offer more flexible tariffs, making it easier to switch.
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5. Loyalty Incentives
Some dual fuel plans include discounts, cashback, rewards and referral bonuses.
How to compare dual fuel energy plans
Choosing the right dual fuel plan can feel a little daunting so here’s what you should look for:
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a) Unit rates and standing charges
Always check the price per kWh and any daily standing charges.
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b) Tariff type
Fixed rate tariffs offer more stability as variable tariffs follow the market but this does mean prices can go down, as well as up.
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c) Contract length and exit terms
Fixed plans can often run between 12- 24 months. It’s worth checking for any exit fees if you think you might want to switch again sooner.
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d) Bundle extras
Check for any value added services or discounts, such as; home emergency cover, loyalty credits, reward points etc.
Who should consider a dua fuel plan?
A dual fuel tariff could be right for you if:
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You use both gas and electricity
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You’d like to simplify your payments
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You’re looking for bundled savings
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You’d like all your energy in one place
Switching to E: What you can expect from us
Switching both your gas and electricity to E is simple and straightforward, we do everything for you.
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No disruption to your supply
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We’ll confirm your new rates and supply start dates
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If you need us, you can speak to our award winning Customer Service Team