I’ve made no secret of the fact that I’ve made some pretty drastic changes to our income in the past six months – resigning from my job has almost halved our income. I’ve been doing supply but my main objective has been to pay off my credit card before the 0% period ends and hubby has been taking care of the household stuff. We’ve been ticking along quite nicely.
Anyway, while I’m not working every day I thought I’d take the time to see if we can make any savings. So I started by checking we were on the cheapest tariff with Eon, our combined energy supplier. I admit this wasn’t completely unprompted. We had a letter from Eon last month to let us know that our current tariff was ending. They were moving us onto another tariff after 19th Feb if we didn’t do anything, and, after having a quick look at the new tariff it was obvious that it would be a bit more than we’d been paying.
So I decided to have a look at switching. I went to the obviously place, the Money Saving Expert website, but the companies providing cheaper options were ones I hadn’t heard of. I’m always a little wary of going with small budget companies as I found to my peril with my car insurance that they often come with hidden charges and (sometimes) poor service too. I noticed in the list of companies that offered savings that Eon, my existing supplier, were there too with a different tariff, and forecasted to cost just £1 per month more than the cheapest options I’d never heard of.
I’ve had really good service from Eon over the years so decided to log into my account on their website to see if I could access this cheaper tariff myself. When I did, I saw that it pointed out that this tariff (Fixed one year v.19) is only available until tomorrow. I found this confusing. Did they mean if I switched today, I’d have to switch again after tomorrow, or I could switch today and keep it for the next year.
I thought I’d call Eon to check as they’ve always proven really helpful on the phone before, but after 5 minutes on hold I turned to Twitter. Eon responded to my tweets really quickly and told me what I needed to know. And even better, if they bring out a cheaper tariff after the v.19 offer ends tomorrow, I can switch to the new tariff for free. Great!
While I was there I noticed that my account was fairly significantly in credit (not too surprising given the fairly mild winter we’ve had) so I decided to check if my direct debit could be adjusted. I was very pleased to see that our combined gas and electric payment can be reduced by nearly £30 per month for the next year! So it was well worth having a look into things there and I would encourage you to do the same. That £30 a month should buy a fair few nappies!
I then decided to call my credit card provider to check when the interest free period ends on my credit card – and it turns out to be a month sooner than I had thought. Pants! Oh well, back to the drawing board and time to start researching balance transfers…!
Disclaimer: This post is in no way sponsored, I was just chuffed that I’d made a saving and wanted to share! Hopefully it will encourage you to have a look and see if you can save a bit of cash too!