Everyone is looking to cut costs, especially during tough economic times. One of the easiest ways to lower your outgoings is to look for 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 different energy suppliers near you and ask them for their electricity prices, this will take a lot of time and effort.

A simpler way to do things is to visit a price comparison site. They will compare the electricity prices from different suppliers, so you can select the one that offers the lowest bills.

Using a price comparison site is straightforward. All you do is enter a few details about your location, your current electricity bills, pricing plan and the payment method you prefer.

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

You can be sure that price comparison sites offer unbiased results - and some offer electricity prices lower than you can get direct from the suppliers.

To lower your bill further, you should also ensure you opt for the lowest cost way of paying. For example, if you look after your account online or if you pay by Direct Debit, you could see your electricity bill reduced by up to 10%.

Comparing gas and electricity prices takes just a few straightforward steps when you use a price comparison site. This can save you money on your monthly gas and electricity bills.