Charity Slams Energy Companies For Failure To Invest In Heating Subsidy For Poor Families

January 17th, 2012 by Mark | No Comments | Filed in Press Releases

Charity Save The Children has recently been openly critical of the UK’s major energy suppliers, claiming that they have failed to invest in a government scheme that was put in place to provide assistance to the country’s poorest families with paying their ever rising home heating costs.

According to Save The Children, of the UK’s eight hundred thousand poorest households, only twenty-five thousand are currently benefiting from a one hundred and twenty pound discount on their fuel bill, which they receive as part of the coalition government’s Warm Homes Discount scheme. The charity argues that the number is so low because of a ‘huge’ lack of investment on the part of energy suppliers. A comparison of energy prices shows that gas rates have risen an average of fifteen per cent this year, with electricity rates going up by almost ten per cent. Incentives like fixed price energy are no good to families in this position, as just finding the money to cover a bill can be hard.

Save The Children also believe that the government’s scheme is only currently reaching three per cent of families in the country that are at risk of ‘fuel poverty’ because energy companies have not committed enough funds to the scheme this year and the rise in fuel costs is leading to higher heating insurance prices. Chief executive Justin Forsyth said: “It’s unacceptable that 97 per cent of the UK’s poorest families who need help heating their homes this winter will get nothing because energy companies have not put up nearly enough money. The scheme needs millions more from the energy companies, or the cost will be counted in children’s futures.”

Save The Children’s research suggests that half of the parents in low income households fear that their child could fall ill this winter as their house would be too cold. Almost as many said that they were considering cutting down their food bill in order to be in a position to pay their heating bill when it arrived. Less than one in ten of the people surveyed were aware of the Warm Homes Discount and were planning on apply for it.

The No Child Left In The Cold campaign also took the opportunity to urge the government and energy suppliers to end this shortfall in order to allow more eligible households to receive the fuel discount and prevent more families from falling into fuel poverty.

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The advantage of business energy price comparison

October 25th, 2010 by admin | No Comments | Filed in Press Releases

1 Not switching regularly puts SMEs at competitive risk
2 90 per cent of business contracts get rolled over automatically

We’re all subjected to adverts about switching our home bills; everything from our mobile phone contract to our broadband supplier or who handles our internet shopping. However, less effort is put into letting businesses know that comparing utilities for your business at regular intervals is vital. In fact, it’s arguably more vital than it is for residential customers, as refusing to be an active customer could be costing your business money and making it harder to compete against competitors that keep up with their energy prices.

Ofcom defines an ‘active customer’ as someone who is always looking out for the newest deals. That doesn’t mean you have to spend every day reading about energy news or browsing websites and blogs though, it simply means you need to be aware that switching regularly is a part of being a savvy customer and saving money, and using business energy price comparison sites is a vital part of that process.

Energy suppliers love to roll over contracts. That means that when your energy contract is coming to a close, it’s automatically renewed by the supplier, and they are legally allowed to increase their rates as they do this. Even worse, they don’t have to inform customers about this at all, which means that around 90 per cent of all business energy prices rise year on year without many companies even realising that they are paying more.

Before you can switch your energy supplier, you need to be outside of the time limit of your current contract, so moving energy suppliers isn’t just about choosing a good price, it’s about making sure roll over contracts don’t happen.
The best way to do this is to use a business energy switching service like Make It Cheaper, who will work on behalf of a business to find out when your contract runs out, and then switch you to a better deal at that time. That way you get all the benefits of having a brand new energy supplier and saving money without having to spend hours on the phone with your previous supplier trying to sort out contract dates.

About Energychoices.co.uk:

Launched in 2005 the Energychoices.co.uk website has provided a wide range of features for people who wish to change their electricity and gas supplier. The site offers a large range of information about the world of moving providers and saving money on one of the biggest monthly outgoings most families have to face; everything from energy saving tips to how to find the best boiler insurance.

While the main function of the site is to compare different service providers the features of the site extend well beyond that, giving deal hunters unparalleled access to community features, guides and FAQs, as well as providing regular new updates about the industry and one time deals including exclusive offers.
For further information please contact:

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Fixed Price Energy Explained

October 22nd, 2008 by admin | No Comments | Filed in Press Releases

Energy bills continue rise, extreme market volatility and credit crises are compounding the problem. With British gas increasing prices by 35%(!) and electricity prices approaching 10% it is unsurprising that consumers are looking for the best prices and budget stability. Responding to consumer demand, most of the leading suppliers are offering capped and fixed price tariffs. This guarantees the unit cost of your electricity- usually for a period of one or two years, though British Gas has just announced a fixed price tariff that runs until 2012.
 
Although the deals are pretty transparent, you should be certain exactly when the deal starts and finishes, this can prevent any unwarranted surprises, cancellation charges or penalties. It is also worth noting that some suppliers of fixed price tariffs will reduce the unit price if there is a reduction in the global energy price, other suppliers will consider a fixed price to be just that. Check this before you sign on the dotted line. The primary benefit from switching to a fixed plan is the budgetary stability it offers for the agreement period. Given the belt-tightening going on across the world, a little certainty is always desirable.
 
As British Gas and EDF have just posted price rises, you can be sure the competition will follow, the fixed price deals will change and may not be available indefinitely. The best advice would be to compare online, see all the deals side by side and choose the best package. Be sure to use a site that allows you to search based on your postcode so you don’t choose a deals that isn’t available in your area.
 
It is worth noting that it’s not just British Gas and EDF energy that have increased their prices; you can be sure all other major energy suppliers will be following in the coming weeks. So it would seem that now is a better time than any to check the deals on fixed price energy that are available in your area. One such site is www.energychoices.co.uk, not only can you search by postcode, but the site is updated constantly so the latest deals are listed, they also host a number of articles to help you avoid the smallprint and the common pitfalls.
 
 
 
 

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Energy Comparison – Compare Energy Prices to cut costs

July 17th, 2008 by admin | No Comments | Filed in Press Releases

Energy providers vary greatly across the United Kingdom, with some large companies dominating the market and smaller companies spread throughout. When choosing your next place to live, or simply looking to cut household costs, it can be important to compare energy prices and companies and prices in the area to see if you can get a bit of a bargain. The British energy market is comprised of several companies: British Gas, NPower, Scottish Power, and a group of other, more local electricity companies that are much smaller in size.
 

First, find out more about the company options that are available in your areas. Websites like energychoices.com provide electricity switching comparison services, including for gas and electricity, as well as water and broadband based on your postcode. The most important thing to compare is the tariff rate. There are many different options to choose from.
 

British Gas is one of the largest electricity companies in the United Kingdom and can be one of the cheapest, depending on the area where you live. British Gas is available all over Scotland, Wales, and England., operating under the name Scottish Gas in Scotland. They provide both gas and electricity and have a range of discounts if you sign up for your services online. In addition to providing maintenance, they also provide installation for central heating, such as boilers, and provide repair services. British Gas prices include the possibility of saving £122 on the standard tariff, both on electricity and gas services. They also have the market tracker, which allows you to follow the wholesale energy market more closely than traditional energy products.
 

nPower is another large energy provider, supplying 6.8 million customers in the UK and is jointly owned by a German energy company. It has three different plans, including a standard plan, a capped plan for a certain time period, and a plan that allows users to derive some supply from green energy sources. Consumers should keep in mind that npower raised its rates for npower gas by 17% and npower electricity by 12.7% in January. But it is still worth checking to see how their prices compare in your area.
 

ScottishPower is slightly smaller than npower and provides energy to 5.2 million customers all across the UK. It has a much broader range of plans offered than nPower or British gas, including a fixed price energy 2009 plan, an economy 7 plan, and a green energy plan as well, all of which come in different variations. After some price rises in 2006, ScottishPower reduced gas and electricity prices by 16.5% for gas and 6% for electricity.
 

One major benefit from almost all of the providers is that you will not lose power during the switch, and it is usually free to switch for all providers. However, do your research carefully and run the companies through a comparison engine based on the plan you are looking for . Not all companies may have the same plan, especially if you are looking for something cheaper. Make sure that each plan you compare has the same features. It is usually well worth the bit of effort needed to compare gas and electricity prices, as there are usually savings to be made.

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Compare gas and electricity to get the best deals

July 16th, 2008 by admin | No Comments | Filed in Press Releases

Choosing home heating can be confusing, especially if you are looking for ways to cut down on heating costs or shopping for a new home and you have the choice between various energy methods. One way to do this is to compare energy heating options and prices, particularly between electricity and gas. Even when renting, choosing one or the other can save you hundreds of ponds a year, depending on fluctuations in energy markets and gas sales prices.
 

The two primary choices for energy to power your home or apartment are either electricity or gas. The best way to decide which is right for you is to compare energy prices for both variants. There are several electric home heating options to choose from. In an electric heating system, an electric current converts electrical energy into heat energy through either a space heater or domestic underfloor heating. The environmental effects depend on the boundaries of the system, and can be costlier if there are smaller temperature changes as opposed to large ones overnight.
 

Gas heating comes from the use of natural gases such as ethane, propane, and butane, mostly for cooking and central heating. These homes may include boilers, furnaces, and water heaters.
 

To find out which is more efficient, you can use websites that complete energy comparisons between the two types of prices. It is important to keep in mind that, since natural gas comes from many of the same sources as gasoline, it competes with it in price. Because natural gas comes from the ground, this affects 75% of its price, while transportation also plays an important role, increasingly important in today’s economy.
 

Electricity prices vary by region but are much more stable than the gas prices that rely on market values. Different appliances in the home use different sources of energy. Water usually uses gas while house heating can use either gas or electricity. According to the U.S. Department of Energy, 14% of home heating usage is for water while 44% is for heating and air conditioning, meaning that electricity can be cheaper in the long-term while gas can be cheaper in the short-term.
 

However, when shopping for a new house, make sure to ask what each appliance is heated with and compare the costs in your local area. Electricity in New York City may be cheaper to get than that in the middle of the country due to a more heavily-concentrated grid system. The best way is to comparison-shop on the internet, where there are plenty of websites available to calculate how much natural gas and electricity respectively cost per their unit of measure. Natural gas is usually measured in BTUs, or British thermal units, while electricity is measured by kilowatt-hours.
 

Converting between the units will ensure an easier rate of comparison.
While heating prices for all modes are going up faster across the world, shopping online will ensure the best rate of comparison for you.
 

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