Everyone wants to save money, especially during tough economic times. One of the simplest ways to lower your spending is to find an energy supplier that offers lower electricity prices than your current provider.

And doing this needn’t be a chore. While you can contact all the individual energy suppliers in your area and ask them about their electricity prices, this will inevitably involve a lot of time and effort.

A simpler way to do this is to use a price comparison site. They will compare the electricity prices from different suppliers, so you can pick the one that offers the best value for money.

Using a price comparison site is a simple process. All you need to do is enter a few details about your location, your current electricity bills, pricing plan and how you prefer to pay.

Within a few moments you will be shown a league table, showing all the energy providers that operate in your area. This table will also show how their electricity prices compare to your current bill.

You can be sure that price comparison sites offer disinterested results - and many offer electricity prices which are lower than you can get direct from the suppliers.

To save more money, you should also ensure you select the most cost-effective method of payment. For example, if you manage your account over the Internet or if you pay by Direct Debit, you could see your electricity price reduced by up to 10 per cent.

Comparing gas and electricity prices involves just a few simple steps when you use a price comparison site. You can save money on your monthly gas and electricity prices.

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