5 tips for finding the best energy deal

Everyone’s after the best energy deal on the market, the new Holy Grail for consumers! Today, the shrewdest customers are trying to find a cheaper energy supplier. But how can you avoid missing out on the perfect deal?

Everyone wants to enjoy the “best energy deal”, have the cheapest gas and electricity supplier, and save as much as possible on their gas or electricity bills. But qualifiers such as “best” or cheapest” are relative rather than absolute truths. The price of energy depends in particular on your region, your consumption and the type of electricity meter you have. Therefore it’s impossible to give a general answer as there simply isn’t one.

However, we can help you determine which is the most beneficial for you by sifting through the features of the various deals. After reading this article, you’ll be ready to track down the best energy deal for you!

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1. Check for discounts on the kWh price

To enjoy cheap rates, you must pay attention to any special deals. As a rule, the cheapest suppliers offer new customers discounts on the price per kilowatt hour (kWh) for electricity, or gas.

So if you switch supplier, keep your eyes peeled! When you look at the price lists on their websites, it sometimes seems that the deals in question are anything but cheap. However, a rebate might make a difference, especially for medium and heavy electricity consumers for whom a reduction on the kWh price will lead to major savings on the electricity bills

Examples of competitive electricity deals* – updated in December 2023

Supplier	Deal	Standard rate price per kWh (c€/kWh)	Discount on the price of electricity (c€/kWh)	Promotional rate price per kWh (c€/kWh)
ENGIE	Direct Indexed	15.99	/	/
TotalEnergies	Pixel	17.39	/	/

The rates mentioned in the above table correspond with the estimated yearly prices, in accordance with the methodology of the VREG.

*Deals available in Brussels (1000, Brussels) for a standard meter that you can benefit from if your annual electricity consumption is around 3,500 kWh. Discounts are applicable for one year from the date the contract comes into force.

For your information, the deals shown above have a variable rate. This means that it will be indexed on a monthly or quarterly basis and that the consumer will benefit from any decrease in prices on the stock market.

Examples of competitive gas deals** – updated in December 2023

Supplier	Deal	Standard rate price per kWh (c€/kWh)	Discount on the price of gas (c€/kWh)	Promotional rate price per kWh (c€/kWh)
TotalEnergies	Pixel	6.44	0	/
ENGIE	Direct Indexed	6.38	0	/

The rates mentioned in the above table correspond with the estimated yearly prices, in accordance with the methodology of the VREG.

**Deals available in Brussels (1000, Brussels) that you can benefit from if your annual gas consumption is around 17,000 kWh. Discounts are applicable for one year from the date the contract comes into force.

In practice, the price of the kWh of gas is indexed according to the principle of supply and demand and depending on speculation.

Note: deals without a reduction on the energy price may be cheaper than those with. It all depends on the gas and/or electricity supplier’s sales policy and its willingness to offer low rates up front.

2. Enjoy a reduced fee

Some Belgian suppliers have chosen to offer a reduction on the energy supply fee. Others have decided to apply such a discount in addition to the one they already grant on the kWh price.

Whatever the case, it is important to note that a special offer on the annual subscription fee is particularly suited to small consumers. It is more worthwhile for them to make savings on the fixed part of the bill.

Depending on the contract, the discount applied is either identical or nearly identical to the fee amount, or higher. Combined with a low kWh price, it is clearly even more attractive as it significantly lowers the energy element of the bill.

3. Take other promotions into account

In terms of promotions, regardless of how they work, it is important to bear in mind that they vary according to supplier and deal. So comparing electricity and/or gas contracts is essential in order to find the best energy deal for you.

Once you have done this, you need to sign up to your chosen deal quickly so that you can enjoy the conditions granted. Suppliers update their deals every month, so it’s better to react quickly so as not to miss out on the savings indicated!

In addition to discounts on the kWh price and the fee, there are many other types of promotion. For instance, some suppliers grant a reduction if the customer chooses to pay their bills by direct debit or wants to receive them by email rather than by post.

Although you should not expect these benefits to halve your bill, an accumulation of small discounts generally results in substantial savings. This means that a company may become the cheapest electricity (or gas) supplier for you.

4. Use tools and services to reduce your bill

Suppliers offer other ways to reduce your bill. But they’re not alone. Some independent organisations, such as online comparison sites, also give you the opportunity to make significant savings!

Sponsorship

Another cost-saving lever is sponsorship. Many suppliers, such as ENGIE, TotalEnergies, and Mega, have implemented such a system. The aim is to encourage their existing customers to invite their family and friends to take out a contract; in return they pay the sponsor an amount for each new contract.

This is an attractive arrangement for consumers who are willing to become apprentice marketers and, of course, for the suppliers too. In this way, they can reduce their investment in advertising campaigns since word-of-mouth is known to be effective.

The energy price comparison sites

Finally, to be sure of finding the best deal, the most effective solution is to compare gas and/or electricity prices based on your own consumption.

✓ Reliable

The good news is that this is very easy to do, as is shown by the way our energy price comparison site works. It is the first online comparison site to be certified by the CREG (the Belgian energy regulator). This means that it provides relevant, objective, high-quality information.

✓ Simple and complete

But its main strength is that it is accessible to everyone! First of all, you simply have to enter your consumption information. You will then receive a ranking of the five best gas or electricity deals on the market. This is created based on your consumption profile, and the pricing plans are ranked from the cheapest to the most expensive. You can also sort the deals according to several criteria:

• Price: lowest to highest;
• Type of contract: fixed or variable;
• Electricity source: 100 % green or not
• Contract period : one, two, three or five years.

This simulator also gives you the energy mix used by the supplier to produce its electricity. So you will know exactly where the electricity you consume comes from (nuclear, gas or coal plant, wind farm, solar panels, etc.).

✓ Useful for centralising your procedures

And the final benefit is that you can switch contracts online, directly within the comparison site! In just a few clicks, you can sign up with the supplier that offers the best rates.

5. Go to an online deal

Which is the cheapest electricity supplier? And what about gas? For those of you who are internet-savvy, online energy deals are generally worthwhile because of their attractive rates. With this system, the supplier reduces its operating costs and passes on the savings it makes to the consumer’s gas or electricity bill.

However, 100% online deals are less convenient as they often require compulsory online sign-up, direct debit and e-billing, and customer service is available exclusively via digital channels.

In reality, the idea of an online deal is that it allows you to manage your energy in a secure online space. With this type of platform, you can view your bills and monitor your gas and electricity consumption , your payments, and your annual meter readings.

In short, it’s an ideal tool for reducing bureaucratic procedures since you can even sort out your energy contracts if you move house.

Conclusion: the best energy deal for you is at your fingertips!

There are many ways to enjoy cheaper rates for gas and electricity. There are frequent special offers, and tools such as price comparison sites make it easier for you to find the energy deal that is right for you!

Now it’s your turn! Quickly find out the cheapest gas and/or electricity for you and say goodbye to high energy bills! Need help? Contact us on 0800 37 456 and we will be delighted to help you find the best gas or electricity supplier to guarantee you great savings.