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

Amazing SIM only deal from Utility Warehouse

Utility Warehouse have just launched an amazing new sim only mobile deal that is far cheaper than any deal on the market.  

Unlimited data, minutes and texts £20 with up to three additional unlimited sims per family at just £10 each.

 If you want to know more please contact FBN member Gail on 07985 989538

‘Challenging society’s rules by living the life we design’

www.funlife.co.uk

Cut your electricity bills by 15% forever

Go green with free, energy-efficient LED light bulbs for as long as you’re with FBN Member Utility Warehouse. We’ll replace all the bulbs in your home, typically worth £300 – £500. The bulbs are bright, light up instantly, and are fully dimmable. Good for you, good for the environment.

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

Utility Warehouse goes remote.

The Corona Virus doesn’t stop UW partners from helping people save money on their household bills and shopping. Days after the lockdown started UW launched a remote app which means that partners can still help people to save money remotely from the comfort of their own homes.

If you would like FBN Member Gail Bannister to give you a no obligation quotation please email her on gail@funlife.co.uk or call her on 07985989538.

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