How Utility Warehouse is offering competitive tariffs despite the energy crisis 

While energy providers’ prices soar, Utility Warehouse’s tariffs are comparatively low.

People across the UK have seen their bills go up because of the spike in gas and electricty prices, which came into force on October 1, 2021. The price rises follow the increasing demand for energy, which has triggered a huge jump in wholesale energy costs. As a result, the government regulator Ofgem has raised its price cap for the second time this year. Despite the energy crisis, the UK’s only genuine multiservice provider Utility Warehouse (UW) is able to offer some of the most competitive energy prices on the market.

How can Utility Warehouse offer such good value energy tariffs?

UW, the ninth biggest independent energy supplier in the UK, can offer some of the lowest energy prices because of a deal between E.ON and its parent company Telecom Plus. In the past, this long-term agreement has meant that some energy suppliers have been able to undercut UW by taking a shorter-term approach. These suppliers have primarily focused on gaining market share. However, the rising wholesale prices have made it difficult for many of these suppliers to maintain their competitive energy pricing. This has left UW amongst the few energy providers that can take on new customers at the most competitive prices.

It’s no surprise that UW’s shares rose by over 10% when the multiservice provider reassured customers it was better insulated against the price hikes than most suppliers this autumn.

“We’ve been in business for 20 years,” says UW’s CEO Andrew Lindsay, who was a mergers and acquisitions banker for Goldman Sachs before he became the chief executive of Telecom Plus in 2010. “We’ve been patiently waiting for our opportunity.”

Lindsay explains that although the price climb has exposed the energy sector’s “systematic flaws”, he considers government intervention beyond temporary stop-gap measures unnecessary.

“Energy markets are cyclical,” he says. “We learned back in 2005 that you get wholesale price spikes. But everyone’s conveniently forgotten about that. The government is treading the right line here by not letting the incumbents muscle in and stifle competition, but equally not bailing out insolvent suppliers and prolonging the overdue and much-needed reset of unsustainable pricing practices.”

UW energy prices come in lower than many of its rival suppliers not only because of the agreement with E.ON, but also because the multiservice provider teams its energy service with great value broadband,mobile, and insurance services. UW has offered great value home services for 25 years, helping customers bundle their utilities into monthly packages. Plus, the bundles come with customer bonuses like 100% renewable electricity for Double Gold customers, a cashback card for those who take all services, and free smart meter upgrades for all energy customers.

Replicated from ABCMoney.co.uk

BULB Customers – Time is of the essence

Bulb is likely to cease trading imminently and when that happens, you will have no say about who your new provider is, what rates you are put on and it could  well take months to sort out, at a time of the year when energy consumption is going to be highest and you least want a deficit building up.

But the likes of Martin Lewis are saying “sit tight and do nothing”.  why is that? This is misleading advice and here’s why….

Everyone knows that comparison sites earn their money by getting paid to switch you to another provider. At the moment other energy providers can’t offer anything below the price cap on variable tariffs, so most companies have closed their doors to taking on new customers. This means that the comparison sites are  unable to provide you with many alternatives to the company you are already with. They’d obviously rather wait until they have many options so that you use their sites and they get paid.

So here’s where I come in…..

UW guarantee to be cheaper than the Ofgem Price Cap

UW have been trading since 1996 and will not be going bust as they have hedged their energy prices until 2035 and they also don’t rely on energy sales alone because they are unique in the fact that they also provide other services such as broadband, mobiles and insurances.  

UW offer long term sustainable energy and GUARANTEE to save you money, you will not be left without a supplier and you will not need to switch ever again! 😀

So, whoever your provider is, please message me, Gail Bannister, for a no-obligation chat to see if I can help. The next 12 months are going to see many squeezes on our purses, let me take the worry out of one of them.

‘Challenging society’s rules by living the life we design’ Www.funlife.co.uk

Self-care isn’t selfish: Tips to lift your Mood

We’ve seen a distinct change in the weather this week which implies that spring is on the way and we’re hoping that the longer days and warmer weather will begin to lift your spirits as we move out of a very long winter! That said, we know that the continued uncertainty of the coming months is having a toll of most of us, so we wanted to offer some practical advice for ensuring you’re taking care of your mental health. 

Focus on what you can control 

Part of why we’re feeling so uneasy at the moment is that there’s far too much in the air that we have no way of controlling. Whether it’s when we’ll get to see friends and family again, when that wedding will be able to happen or when we’ll get to travel the world again, focusing on what we can’t control will only leave us anxious.  

Make a conscious effort to put your mind towards what you can control: set a daily routine that feels good; set a to-do list that feels plausible so that it’s easy to check it off and feel accomplished; commit to exercising once per day; do a thorough spring clean (one room at a time if the whole house feels like too much of a task); check in with friends and family for chat. 

Practise gratitude 

Whether you voice your gratitude out loud or jot it down in a journal at the end of every day, the simple act of giving thanks even for the smallest things will shift your mindset. Don’t let the bad parts of your day make you feel bitter, instead celebrate the good every time it happens. Eventually you’ll start to notice the good much more and realise that life’s still great. 

Breathe 

We had a great session with Forever ambassador Kristina Rihanoff the other week to discuss the benefits of breathing and meditation. Even if you’re unable to commit half an hour to a full meditation or yoga session there are few who can’t commit to five minutes of breathing mindfully each day, and even this simple thing can do wonders for your mental health. 

Simply take yourself to a quiet part of your house (even if it’s just your bathroom!), set a timer for five minutes and get comfortable. Breathe in through your nose for a count of four seconds, hold for another four, breathe out for another four and hold for four more. Repeat until the timer runs out. Try to focus on the rhythm of your breathing and the beating of your heart. Take a few moments to wriggle your fingers and toes. If your mind wanders, gently bring it back to the here and now. All of this can really bring a sense of calm to your mind that’ll help you tackle the rest of your day head on. 

Nourish your body 

Taking good care of your body can really help to lift your mood. While it may be all too easy to default to comfort food when things feel a little doom and gloom, you’ll actually feel all the better for eating healthy foods, drinking plenty of water and getting a good amount of exercise each day. Not sure where to start? 

  • When Forever tackled the C9 in January they created lots of healthy 600 calorie meals that are perfect whether you’re on the C9 or not. You can find sixteen of them righthere
  • We recently released a Flavours of Forever video detailing how to make pancakes with Forever Lite Ultra, aloe & avocado on toast featuring Aloe Vera Gel and healthy Rocky Road bites with Forever Bee Honey for when you need a pick-me-up.

All products are available from Peter Stockwell-Jones (M: 07947 695785 E: peter@wessex-aloe.com) or via his online shop at www.wessex-aloe.com

by Ferndown Business Network member Peter Stockwell-Jones (Wessex Aloe)

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