Small energy suppliers are currently offering some of the cheapest energy deals on the market, but many consumers remain reluctant to switch to suppliers they've never heard of. The question is: should they be?
Why pay more for the same energy?
Find and switch to a better energy deal in minutes
Here's the story... Small energy companies are flooding the energy market (more than 20 new suppliers have entered the market since 2013).
While they offer a solution outside of the big six energy suppliers and their prices are low, the questions remains — is it a smart switch to make?
The quick answer is that it's all the same energy supply (unless you're considering a renewable energy plan). What you're really paying for is the supplier; so it's important to know a bit about them before taking the plunge.
That's where price comparison sites can help. A good energy comparison site will provide background info about suppliers, including how long they've been on the market, and an independent customer service rating (though some suppliers might be too new to have ratings yet!).
You can also use trusted consumer review sites like Trustpilot to search for real reviews.
So the final answer is that small suppliers can offer some great deals - just be sure to do your homework first!