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The student's guide to managing your energy bill

Posted on 12 November 2015

When you’re a student, managing your energy bill isn’t exactly your number one priority. However, when your energy bill does rock up after three months of care-free electricity-using bliss, the reality that you’ve got to pay for it sooner rather than later starts to sink in. To save you that awkward phone call to your parents, or worse, a blazing row with your housemates, we’ve collected some advice from a few experienced students who’ve already dealt with this dilemma.

Making sure you get your payment plan sorted before you arrive or in the first month of moving in is often key to everything running smoothly. Aside from being organised however, there are a few other things you may want to consider to help you manage your energy bill.

You could be getting a better rate

When you’ve only got your student loan to rely on, finding out that you could have got a cheaper deal elsewhere can be pretty irritating. Although switching your energy supplier may sound like an ordeal to be avoided, it’s actually very simple so is definitely something to consider when you first move in.

Ensure you know your payment deadline

At Co-operative Energy, we allow customers a whole two weeks to pay their energy bill, yet this may vary depending on your supplier. To avoid any stressful payment deadlines, ensure you know exactly how long you have to pay your bill.

Consider using energy management apps

Unless you’re a technophobe, downloading an app that’ll help you keep track of your energy payments or personal finances can make life much easier. There are a wealth of great bill splitting apps out there which are perfect for students, with features ranging from bill payment reminders to budgeting tools to help you keep on top of your expenditures.   

Take into account the amount of people you’re living with

If there’s only two of you in your house, relying on one person to manage the bills can make everything easier. However, if there’s eight of you, then that task suddenly becomes quite stressful. Having a system where everyone can see who has and hasn’t paid takes the pressure off an individual housemate to chase up everyone else.

Take regular meter readings

Taking a meter reading as soon as you move in is the best way to make sure you don’t get overcharged for your energy usage. However, to make sure your bills are as accurate as possible, you can submit regular meter readings to ensure you only get charged for the energy you use and keep costs to a minimum. If you’re not sure how to read your meter, check out our quick guide to meter reading to get yourself started.  

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