December 23, 2014
In total there are seven fixed price tariffs coming to an end of December 31st 2014, meaning that everyone who is currently on these popular tariffs will end up being rolled on to what is likely a more expensive gas and electricity plan on January 1st.
The tariffs coming to an end are:
1. EDF - Blue+Price Promise December 2014 2. Extra Energy - Fixed Price December 2014 v1 3. M&S Energy - M&S Energy Fixed Price Dec 14 4. nPower - Online Price Fix December 2014 5. ScottishPower - Fixed Price Energy January 2015 6. Scottish Power - Online Fixed Price Energy December 2014 7. Scottish Power - Help Beat Cancer Discounted Energy January 2015
Those on ScottishPower's Help Beat Cancer Discounted Energy January 2015 will see some of the biggest increases to their annual energy cost. We would advise switching Energy Suppliers as soon as possible, as it is standard in the industry for a switch to take anything between 17 days to 56 (depending on supplier) so if you haven't already switched then you will be put on the most expensive rates until you are changed over.
It is essential to ensure that you are on the right gas and electricity tariffs, so you can keep your energy bills down over the winter. Let's make sure 2015 starts off well and compare and switch tariffs with Energylinx. It is a stress-free process that will save you money. To compare tariffs click here.
Posted on December 23, 2014 at 12:01 PM
December 17, 2014
As of today, customers using Energylinx's platform will be able to switch to Utilita Energy - the first supplier to focus solely on the needs of prepayment customers. Utilita Energy strongly believe that customer's shouldn't pay more to be pay-as-you and are committed to maintaining competitive tariffs and developing user friendly ways for pre-pay customers to deal with their energy supply.
Established in 2003, Utilita Energy have seen continuous growth and passed the 100,000 customer milestone in May 2014.The supplier provides their customers with a free smart meter, which they can use as a tool to help them keep on top of their energy usage and ultimately save money.
Utilita can currently only supply gas and electricity to Northern, Norweb, Midlands, Seeboard, London, Southern (Exc. The Isle of White). In August 2014 they started to supply some areas within Central Scotland but at present it is limited. They do have plans to supply the rest of the UK in the future.
To find out more about Utilita click here or if you would like to compare and switch tariffs then there is nowhere easier than here at Energylinx. Take two minutes and see just what you can save. To compare tariffs click here.
Posted on December 17, 2014 at 08:01 AM
December 15, 2014
OFGEM have agreed to allow OVO Energy to offer their customers an interest rate bonus. Earlier this year, the supplier argued that they should be allowed an exception to OFGEMs strict retail market rules - in order to offer a 3% bonus to their direct debit customers with an account in credit.
OFGEM aims to increase consumer engagement and stimulate competition in the market, by reducing tariff complexity. However, following a review of OVO Energy's proposal the regulator has agreed that this deal does not increase the complexity in consumer's decision making and believe that the deal will be beneficial to consumers.
Jessica Lennard, OVO Energy's Head of Corporate Affairs said about OFGEMs approval "Regulations should work in the customer's best interests, but it never felt right to us that the rules allow a supplier to charge interest when an account is in debit, but not reward customers when they are in credit. We set out to make the energy market a fairer, happier place for customers and the interest reward is something they have always told us is really important to them, so we were committed to fighting for it".
This year OVO Energy believe they have paid out over £1.3 million in interest to nearly 350,000 customer accounts. OFGEM have said that the supplier should be clear in all communication to customers on how the interest bonus is generated and how it will be paid.
Posted on December 15, 2014 at 09:20 AM
December 10, 2014
As of today, home-owners are able to claim up to £5,600 from the UK government towards home improvements. You will have to be quick though - the first round of £120m Green Deal funding (released in June 2014) disappeared in just a few weeks.
A Green Deal is a grant from the Government which helps you make energy-saving improvements to your home and find the best way to pay for them.
The improvements that could save you the most energy depend on your home, but typical examples include:
• insulation, e.g. solid wall, cavity wall or loft insulation
• renewable energy generation, e.g. solar panels or heat pumps
• double glazings
This time £100m has been allocated to the Green Deal fund and it will be released in tranches every few months, with the next release being planned for February 2015.
"The best way that people can cut their energy bills, this winter and every winter, is to improve their homes so that they leak less heat and use less energy" said the energy and climate change energy, Ed Davey, announcing the new funding.
Householders can claim up to £4,000 for solid wall installation (down from £6,000 last time) and up to £1,000 for two measure from the above list. A further £500 is available for those who apply within 12 months of buying a new house.
For a household to be considered for a Green Deal they will have to have the improvements recommended as part of a Green Deal advice report carried out by an approved assessor or as part of an Energy Performance Certificate. The Government will pay £100 towards the cost of an advice report.
If you were one of the unlucky ones who applied last time and the funds had run out then you will not need a new report and can apply now.
To apply visit gov.uk/greendeal or call Energy Saving Advice Service: 0300 123 1234 Monday to Friday, 9am to 8pm and Saturday, 10am to 2pm. If you live in Scotland then you should contact Home Energy Scotland on 0808 808 2282, Monday to Friday, 8am to 8pm and Saturday, 9am to 5pm.
Posted on December 10, 2014 at 12:39 PM