Switching energy providers - your questions answered - Northern Sound

Image audioImage Switching energy providers - your questions answered - Northern Sound

Switching energy providers is guaranteed to save you money and now is the perfect time to do so with rising energy costs rampant.

To make the switch easier our CEO at bonkers.ie, David Kerr, spoke with Northern Sound to answer some very important questions for you, such as:

  • How easy is it to switch providers? 
  • How can I get the best deal?
  • Will changing suppliers disrupt my home energy?

Listen back to the interview above or take a look at the main points discussed in the interview below to find out. 

How easy is it to switch energy providers? 

It is extremely simple.

Nobody needs to come to your home and you don’t need to change your meter.

To switch your energy supplier you just need a few bits of information from your gas or electricity bill, including:

  • MPRN for electricity or GPRN for gas 
  • Latest meter reading
  • Some personal information, such as: Your name, address/Eircode and banking details

If a direct debit online tariff suits you, then we highly recommend you go for that as it offers the highest available discount.

The meter reading is important for suppliers because you will be switched over based on your point of consumption, not time.

For example: you end your contract at 1,000 units with one supplier and start from that same number with your new supplier. 

Do a lot of people switch suppliers? 

For the last 10 years around 30,000 electricity and 10,000 gas customers have switched suppliers every month.

In terms of population, that makes up 15% of each gas and electricity meter, meaning 1 in 7 people make the switch each year. You can learn more about how many people make the switch in this blog.

You can go to bonkers.ie and we’ll do all the hard work for you - we’ll tell you what suppliers are available and the savings you’ll get.

It’s never been more important to make the switch now, as gas and electricity are more expensive than ever before in Ireland.

So if you’re not getting a discount through bonkers.ie then you’re paying the highest price and losing money.

Why are people afraid of changing suppliers? 

People might not be changing for a few reasons:

  • Fear of losing their energy supply while switching (this won’t happen) 
  • Lack of interest
  • Unwillingness 

People may also be thinking that there’s no point switching since prices are going to go up again anyway, but switching is still worthwhile.

The most important thing people need to be aware of is that if you switch energy suppliers right now then you will receive a discount.

That discount will last a year and then the price will go up to the standard and most expensive rate. 

That is the exact moment you make the switch.

How can people get the best deal?

If you don’t see a statement on your bill with the word “discount” and a big number beside it, then you need to ring your supplier.

On the call, ask them if you’re getting the best deal.

If you are, great.

If you aren’t, head over to bonkers.ie to find the best deal and switch.

Are we bad at switching suppliers compared to the rest of Europe?

When it comes to energy suppliers coming to your door, we can be good at making the switch.

The thing is though, that person represents one company and they’re probably not even giving you the best deal.

The best prices are only online at bonkers.ie.

The switch can be made by yourself, pyjamas on, and a cup of tea in hand without talking to anyone.

All it takes is 5 minutes if you have all your information on hand, and then we handle everything for you, hassle-free.

Will switching disrupt my energy supply?

Absolutely not.

ESB is the energy network provider for every energy supplier in Ireland. So when you switch supplier, you’re just changing the retailer.

ESB will continue to power your home no matter who you’re with. 

What should you do if you’re not good with online technology?

If you don’t manage your account online, there are still other discounts available:

  • Cash check tariffs payable to your post office 
  • Receive online bills in your post

Suppliers receive lower admin costs when dealing with online or direct debit customers, resulting in better discounts.

How many pre-pay energy suppliers are in Ireland?

At the moment there are 13 major suppliers in Ireland with PrePay Power and Electric Ireland being the only 2 offering pre-pay.

The other 11 companies use credit.

What is an OAP Home Benefits Package?

The free electricity allowance is a €35 monthly supplement. 

If you’re with Electric Ireland then €35 credit is put towards your energy bill. If you’re not with Electric Ireland, then it’s sent straight to your bank account.

If you switch to another supplier from Electric Ireland you’ll still keep your credit.

You just need to fill out a simple form to have the money sent to your bank account instead of your Electric Ireland account. 

Will all energy bills need to be paid online soon?

An Post has a service that they call bill pay. They have 4 energy suppliers on this plan.

Ask your local post office which energy supplier will take physical payments through the post office and they’ll give you a leaflet with all the information you need. 

What is level pay?

Level pay or budget plan is when you pay the same amount every single month and then in winter, you pay slightly less than what you consume.

In summer you then pay slightly more than what you consume.

Overall it adds up to paying the same amount over 12 months as opposed to having much higher energy bills in winter.

Switch and save on bonkers.ie

Have your eyes just been opened? Are you ready to make huge savings?

Try the bonkers.ie free energy price comparison tool and get a leg up on Irish energy suppliers - just sit back and let us do the heavy lifting.

Save hundreds of Euro instantly by grabbing the best deal you see.

Don’t stop there, we also have free price comparison tools for broadband, insurance and banking.

Why not see how much you could save on your household bills today with bonkers.ie

Get in touch

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