Energylinx News

May 2014 Monthly Archive

May 30, 2014

New Tariffs Launched Today from British Gas and Sainsbury's Energy

British Gas and Sainsbury's Energy have launched five new tariffs today. The two British Gas tariffs are Fixed Price January 2017 and Fixed Price August 2015.

Sainsbury's Energy was born through a partnership between British Gas and Sainsbury's which began in 2011. Their customers are supplied by British Gas and receive Nectar Awards points. They have launched the three following tariffs today; Fixed Price August 2015, Fixed Price April 2016 and Fix & Reward August 2015.

All tariffs are available on our comparison website as of 8am today. For more information on the above tariffs see the news stories below.

As of today, British Gas have removed their Fixed Price March 2016 and the Fixed Price May 2015, Sainsbury's Energy have removed their Fixed Price May 2015, Fixed Price March 2018 and Fix & Reward May 2015. Customers who are on these tariffs will be contacted by their supplier before the contract end date with options of other tariffs available to them - there is absolutely no obligation to choose one of the given options and Energylinx would encourage any customers who are at the end of their existing contract to shop around for the best deal available for their home - you can use our 100% free and impartial online energy comparison tool here.

Posted on May 30, 2014 at 08:08 AM

May 30, 2014

British Gas Launch Fixed Price January 2017

Today British Gas have launched two new tariffs (Friday May 30th). The first one is Fixed Price January 2017 and this will be British Gas longest fixed tariff available on the market and it is accessible to all customers. Prices will remain fixed until 31st January 2017. The tariff is fixed at a premium rate against British Gas' current Standard Tariff rates for electricity and their current Standard tariff rates for gas. If a customer were to switch suppliers before January 31st 2017 there would be a cancellation fee on £50 (per fuel) applied. The average annual bill for a duel fuel Fixed Price January 2017 customer is £1,223*.

British Gas will inform all customers on their Fixed Price January 2017 of other options that are available to them before the end of their contract. Energylinx would urge anyone at the end of their contract to shop around for the best deal available for their household and invite them to use our 100% free and impartial on-line energy comparison tool here.

* This is based on an average domestic energy consumer using 3,200 kWhs of electricity and 16,500 kWhs of gas per annum

Posted on May 30, 2014 at 08:07 AM

May 30, 2014

British Gas Launch Fixed Price August 2015

British Gas launched their Fixed Price August 2015 tariff today, and it is now their cheapest tariff on the market. It is available to duel fuel customers only. The prices are fixed until August 2015, so customers can rest assured that the tariffs cost will not vary during the duration of the contract. If a customer is to cancel their contract before August 31st 2015 they will face a cancellation fee of £30 per fuel. On average the annual bill for a Fixed Price August 2015 customer is £1085.

If you wish to find out more about British Gas Fixed price August 2015, or compare this to a range of similar ones, visit the Energylinx website to use our 100% impartial comparison tool here.

* This is based on an average domestic energy consumer using 3,200 kWhs of electricity and 16,500 kWhs of gas per annum

Posted on May 30, 2014 at 08:07 AM

May 30, 2014

Sainsbury's Energy Launch Fixed Price August 2015

This will be Sainsbury's Energy's cheapest tariff in market as at 30th May 2014 (for Dual Fuel credit customers paying by Direct Debit). Prices will remain fixed until 31st August 2015 and the tariff is only available on a dual fuel contract. On average the annual bill will be £1085*. If a Fixed Price August 2015 customer cancels their contract before August 31st 2015 there is a £30 cancellation charge applied per fuel.

Sainsbury's Energy will write to all customer's on Fixed Price August 2015 before their agreements end to let them know what other options are available to them through Sainsbury's Energy. There is no obligation to go with these options and we would strongly advise all customers who may be considering switching tariffs or suppliers to seek professional advice. In order to learn more about Sainsbury's Energy Fixed Price August 2015 - or simply to find out which energy tariff may be cheapest for your household - try using our 100% free and impartial online energy comparison tool here.

* This is based on an average domestic energy consumer using 3,200 kWhs of electricity and 16,500 kWhs of gas per annum

Posted on May 30, 2014 at 08:06 AM

May 30, 2014

Sainbury's Energy Launch Fixed Price April 2016

Sainsbury's fixed Price until 2016 is one of three new tariffs launched today by Sainsbury's and is the energy company's longest tariff available. The tariff is only available to dual fuel customers who will pay by direct debit, meaning if you cease to be a Dual Fuel customer or stop paying by Direct Debit, your rates will change. This new Sainsbury's tariff gives customers the option to manage bills online and opt for paperless billing, which allows access to view bills at any time, as well as being able to submit meter readings manually.

This tariff is based on a daily standing charge (fixed costs involved with providing your energy supply, for example meter reading and maintenance) and single unit rate. Average bill for the Sainsbury's Energy Fixed Price until April 2016 is £1,139*.

If a customer cancels their Sainsbury's Energy Fixed April 2016 before the contract end date, for example by switching to another energy supplier before 30th April 2016, Sainsbury's Energy may apply a cancellation fee of £50 for electricity and £50 for gas. These will not be applied if you move home or have started switching to another supplier before 30th April 2016 but have not completed the switch.

If you wish to move to this tariff, or compare this to a range of similar ones, visit the Energylinx website to use our 100% impartial comparison tool here.

* This is based on an average domestic energy consumer using 3,200 kWhs of electricity and 16,500 kWhs of gas per annum

Posted on May 30, 2014 at 08:06 AM

May 30, 2014

Sainsbury's Energy Launch Fixed & Reward August 2015

Another New tariff launched by Sainsbury's Energy this morning was their brand new Sainsbury's Fixed & Reward until August 2015. On this new tariff by Sainsbury's energy prices are fixed until 31st of August 2015 and are available to dual fuel customers paying by debit card, cash or Cheque. The tariff is fixed until August 2015, meaning that you will be offered a set price that will remain in place to the agreed period of time. Average bill for the Sainsbury's Energy Fixed Price until April 2016 is £1,193*.

Sainsbury's Energy Fixed & Reward until August 2015 offer its customers the reward of a £50 Sainsbury's gift card, which can be redeemed in at Sainsbury's in store. Customers will receive the card within 28 days of their supply start date or tariff switch date.

To be eligible for the Fix & Reward August 2015 tariff customers must retain as a Dual Fuel customer, have a credit meter and pay by Direct Debit, cash or cheque. In the event that a customer moves to a pay as you go meter the Sainsbury's Energy tariff will end and they will be moved to British Gas standard variable tariff in market at the time.

If a customer cancels the Sainsbury's energy Fixed & Reward August 2015 tariff before the end date a cancelation fee of £30 for electricity and £30 for gas may apply. However, this will not be applied if a customer moves to a different property or have started switching to another supplier before 31st August 2015 but have not completed the switch.

If you wish to find out more about this tariff, or compare this to a range of similar ones, visit the Energylinx website to use our 100% impartial comparison tool.

* This is based on an average domestic energy consumer using 3,200 kWhs of electricity and 16,500 kWhs of gas per annum

Posted on May 30, 2014 at 08:06 AM

May 28, 2014

OFGEM Will Not be a 'Toothless Tiger'

A representative of the regulator OFGEM, Associate partner Rob Church, ensured an audience of brokers and TPIs at the Energy Live Consultancy Roadshow last week that OFGEM will not be a 'toothless' tiger, if it is to bring in a code of conduct for energy brokers and third party intermediaries "In a scenario where suppliers can only work with TPIs that are accredited to the code - and they know that they will be answerable to us if they work with TPIs that aren't accredited to the code - I think that sends a pretty strong signal that TPIs will need to be accredited if they want to have a business."

He had earlier told the conference that a code of conduct that was purely voluntary "won't work" to clean up the sector, however he said OFGEM were leaning away from fully licenced brokers as it felt this would be "not proportionate". A licence would mean that firms who were not meeting their obligations could be fined up to 10% of their yearly revenue. At Energylinx we FULLY support this proposal. Mr Church said "We were concerned the potential impact of that would act as an unfair barrier to entry and would actually do more to undermine the success of the TPI sector. Instead OFGEM has looked to bring in a licence obligation on suppliers to work with suppliers who are accredited to a code of practice. That's all suppliers need to do, is check they're accredited"

Church suggested that an independent industry-led board could oversee the code. "There will be an opportunity for industry need to work together to lead a governance board of that. OFGEM will sit at the top, so we will be responsible for the overall content of the code, any changes that need to be made to it"

Church went on to warn that the reputation of brokers is at risk due to a "few rogue brokers". The representative from the regulator said "We're seeing there is a fair bit of evidence of unprofessional and misleading tactics. The few rogue TPI's, their actions are threatening to break down trust and we're concerned that breakdown of trust will undermine the important role of TPIs play".

Posted on May 28, 2014 at 12:40 PM

May 22, 2014

FSB Survey Confirms That it is an Unfair Energy Market for Small Businesses

Today FSB (Federation of Small Businesses) have released the results of an exclusive survey in which over 1400 of its members took part in. The aim of the survey was to get a clearer picture of the treatment of small businesses when it comes to their energy supply. It was the first study of its kind since the Big Six energy suppliers pledged more support for small businesses by ending roll-over contracts.

The survey has shown that there is still significant ground to make before energy suppliers will regain the trust of their small business customers. What is apparent from the study is that small businesses desperately need the energy market to be fairer and more transparent. The FSB have concluded that they want energy companies to take action and publish easily comparable prices for small business customer, commit to not reinstating rollover contracts and ensure customers who want to switch can do so easily.

Survey Results;

- Four in Five (81%) of FSB Members who took part in the survey said energy suppliers do not care about their needs
- Again 81% of firms agree that published tariffs would have a positive impact on their business, with the main benefits being more competitive pricing and easier switching of accounts
- 65% of those surveyed believe it is difficult to change energy supplier. The businesses that had attempted to switch cited the following issues as difficulties when switching; unclear notice periods, the speed of the switching process and complicated contract terms.
- 27% of small businesses believe that there is enough competition in the energy market

The FSB will be presenting these results in it response to the OFGEM consultation on Friday May 23rd on whether or not the energy market should be referred to the Competition and Market Authority. John Allan who is National Chairman of the Federation of Small Businesses says "This week we will tell OFGEM and the Competition on Markets Authority that small businesses won't get a fair deal until all energy companies publish easily comparable fixed prices, have much clearer terms and conditions and operate in a more competitive and fair market".

We welcome this action from FSB, and would like to invite any SME businesses to visit Energylinx for Business website and see what energy deals are out there and the options that exist out with the big six. Similar to Energylinx, only for businesses, we offer a completely impartial service and in a couple of minutes you could discover what tariffs are available with a straight-forward, hassle free projection. Click here be taken to our website.

Posted on May 22, 2014 at 10:48 AM

May 19, 2014

Calling All New British Gas Business Customers...

British Gas are running a promotion that gives business customers the opportunity to save money on their energy bills, by offering that if it were to switch to British Gas and then find a cheaper price elsewhere (within 5 days of signing up) they will match the price. You can find out more about the promotion here.

Energylinx for Business believe this is an excellent opportunity for businesses to see what offers are on the market, which in return could save the business money and optimise profit. We would like to welcome any businesses who are considering switching to British Gas (or have recently done so!) but aren't sure where to compare other suppliers to visit our website here. Similar to Energylinx, only for businesses, we offer a completely impartial service and in a couple of minutes you could discover what tariffs are available with a straight-forward, hassle free projection.

Posted on May 19, 2014 at 12:12 PM

May 16, 2014

Npower Launch "Intelligent" Bundled fix April 2017


On May 15th Npower launched their "intelligent" bundled fix April 2017 which is packaged with a Nest Thermostat.

The tariff prices are fixed at the rates you sign up to until 30th April 2017, and you will be charged £99 (inclusive of VAT) which includes the supply and installation of the Nest thermostat when both fuels are on supply with Npower on a direct debit payment method.

For those of you who are unfamiliar with the Nest Learning Thermostat, it is a programmer and thermostat in one. It learns your schedule to program itself, turns down the heat when you're away and can be controlled from your mobile, tablet or laptop. It produces an Energy Report every month so you can track and manage your energy use. Heating makes up 66% of your homes energy bill but yet heating controls have scarcely changed in decades and the Nest Thermostat aims to change this. It truly is a game changing, exciting and innovative product, designed to help you control the cost of your central heating.

This tariff is available on our Energylinx comparison platform, to find the best deal for your energy click here.

Posted on May 16, 2014 at 03:44 PM