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Energylinx UK Energy Industry News Service

July 19, 2010

An end to fuel poverty in sight??

With more and more customers falling into the fuel poverty* trap (latest estimates are around 4.8 million homes) Energylinx asks the question why government departments have not focused on resolving this at grass roots levels by encouraging customers to simply switch energy supplier to the least cost supplier.

Energylinx predicts that with careful management of those customer's transferring, ensuring that they do geniunely receive a 100% impartial comparison, that the likelihood is that fuel poverty could be eradicated in the UK almost overnight. The only negative issue is that if this was to happen energy suppliers would be forced to increase energy costs as they simply could not maintain their current competitive position with the sheer number of new customers joining them at the most competitive rates.

Energylinx predicts that if in an ideal world that all 4.8million fuel poor switch supplier to the least cost supplier for their household then energy prices across the board would need to increase by circa. 3% to allow suppliers to maintain current profit margins.

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Posted at 02:33 PM Technorati:

May 21, 2010

Online S@ver v6 available to electricity customers

EDF Energy has today set Online S@ver v6 as an electricity only product available for sale.

When first introduced Online S@ver v6 on the 24th February 2010 was only available as a dual fuel product so it now opens the door to customers with electricity only to take advantage of this online tariff.

Energylinx would encourage all domestic customers to regularly check to see whether or not their energy prices are competitive.

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Posted at 08:40 AM Technorati:

December 07, 2009

British Gas launch WebSaver 5

British Gas has today launched WebSaver 5 as a direct but cheaper replacement to WebSaver 4 which is being withdrawn with immediate effect.

WebSaver 5 is an online energy account where prices are guaranteed to be 6% lower than the British Gas standard tariff until 28th February 2011, so regardless of whether prices go up or down the tariff will always be 6% lower than the standard prices.

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Posted at 12:41 PM Technorati:

August 20, 2009

British Gas launch Websaver 4

British Gas today launched WebSaver 4 as a direct replacement to WebSaver 3 and at the same time took pole position in the standard customer best price position in three areas of the UK.

The new British Gas WebSaver 4 tariff has the following features:

  • This tariff is available to credit meter customers in all regions, and is available to new and existing consumers.
  • All credit pay methods are accepted
  • A guaranteed discount period is offered, with a minimum 6% discount against our standard tariff prices until 30th November 2010.
  • Whether prices go up, down or remain the same, WebSaver 4 will be a minimum 6% below the standard tariff rates.

Continue reading "British Gas launch Websaver 4"

Posted at 11:32 AM Technorati:

August 17, 2009

first:utility launch Smart Dual fuel online saver V1

first:utility has launched Smart Dual fuel online saver V1 in two distribution areas, Midlands Electricity and East Midlands Electricity.

Smart Dual fuel online saver V1 is available to dual fuel (gas and
electricity) customers only. There is not an option for gas or electricity only

Smart Dual fuel online saver V1 is available as online account with monthly direct debit payment only.

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Posted at 11:18 AM Technorati:

July 22, 2009

EDF relaunch Online Tariff Version 5

EDF Energy has today relaunched Online Tariff Version 5 across 10 distribution areas.

Customers signing up for Online Tariff Version 5 are guaranteed a 2% discount off the standard EDF Energy unit prices until the end of July 2010.

Unlike many other tariffs recently launched by energy suppliers in the UK EDF Energy has NOT imposed any early termination fees with Online Tariff Version 5.

Online Tariff Version 5 is available only for online signup for customers paying by monthly direct debit and who have a standard electricity meter.

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Posted at 12:11 PM Technorati:

March 02, 2009

EBICo reduce gas and electricity prices

EBICo, the not for profit gas and electricity supplier has announced a reduction in their gas and electricity prices with effect from today.

The reduction in gas prices is 2.52% and this applies in every region.

The reduction in electricity prices averages 7.74% across all regions, the best reduction is in the Southern Electric region where the reduction is 9.62% and the worst in Scottish Hydro Electric's area where the reduction is only 4.49%

EBICo previously adjusted their prices on the 30th September 2008, at that time it was an increase.

The latest prices are shown on the Energylinx website with immediate effect.

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Posted at 10:26 AM Technorati:

February 06, 2009

Scottish and Southern Energy, domestic energy price cut

Scottish and Southern Energy have today, 6th February 2009, announced a price cut across its domestic electricity and gas tariffs that will see the average prices for customers fall by 9% on electricity and 4% for gas.

The price cut will apply to existing customers from 30th March 2009. This is the second major energy supplier to reduce domestic energy prices within the last few weeks.

At this time of year any price cut will be welcome boost to consumer finances. From Jan 2003 to Jan 2009 we have seen an average price increase in domestic gas prices of 169%. This has taken the average gas bill from £309 per annum up to a staggering £833 per annum.

In 2008 alone, we saw the average price of domestic gas increase by 49% across all suppliers throughout the UK.

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Posted at 08:17 AM Technorati:

January 29, 2009

first:utility makes Smart Meters available for free

first:utility previously known as first:telecom have been an established competitive telecoms provider since 1994. At the latter part of 2008 they launched into the UK energy market, in itself a major feat, but they did so with a difference.

As an industry first they are fitting Smart Meters to every single customer whenever they transfer to them and with immediate effect are doing so for free.

By investing in smart metering with Automated Meter Reading Technology for all our business and residential customers, first:utility provide the benefits of consistently accurate and timely billing, on-line half hourly consumption values, historical customer profiles and alternative tariffs not available from the traditional incumbent suppliers.

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Posted at 12:10 PM Technorati:

January 22, 2009

British Gas 10% price cut!!

British gas has announced today that it will cut gas prices by 10% from 19 February 2009. The reduction will apply to all customers on British Gas' standard tariff, benefiting more than 7.5 million homes.

British Gas is already one of the most competitive suppliers across the UK with their flagship WebSaver 1 tariff launched on the 18th December.

The cut in gas prices of 10% by British Gas will save a typical customer on their standard domestic tariff around £79 per year.

Continue reading "British Gas 10% price cut!!"

Posted at 07:42 AM Technorati: