Being proactive is key to dealing with financial stress

Switching electricity suppliers could save you money  16000646 800471339 0 0 7051459 300

If your household is concerned about keeping up with your bills, rising electricity prices could have a serious impact on your family's finances.

Post-GFC, it is understandable that some families may have difficulty making payments - but there are a number of steps you can take to ensure the problem doesn't escalate into an unmanageable solution.

If you are worried you might miss an electricity bill payment, it is essential that you take action as soon as possible - burying your head in the sand is only likely to make the problem worse.

Your supplier may be able to help by setting out a set payment plan that can help you manage your bills - this may be a more welcome alternative to having your supply cut off due to inaction on your part.

Depending on where you live, your state government may be able to offer some form of financial assistance - you may want to make some enquiries to see if you qualify.

Of course, there are some simple steps you can take immediately to manage your electricity bills - reducing the amount of energy that you use and ensuring you are getting the best deal possible.

A switching service may be able to help by comparing the available rates in your area and letting you know if you could be on a better plan.
Posted by Charlie Moore