Energylinx News

August 2015 Monthly Archive

August 27, 2015

The Best Fixed Energy Deal Around

Energylinx have teamed up with MyOffers to provide their members with the cheapest fixed price tariff on the market.

It was a well fought contest but we are thrilled to announce that the bidding has now closed and the fixed price tariff winner is First Utility! ISave Fixed October 2016 costs £886 a year at medium usage. That's is saving a whopping £458 saving off the average yearly bill of £1,344*.

This tariff is available to all customers that pre-registered with MyOffers for their Collective Switch and they have till September 8th to take advantage of it.

The news couldn't come at a better time for those that have pre-registered with MyOffers. Households throughout the UK will be experiencing an energy price hike, as eight popular fixed-rate tariffs come to an end on August 31st. Those currently on one of these tariffs will be automatically put on to their supplier's standard tariff and could see their annual energy bill rise by as much as £136 a year - with the average increase being £77 a year.

Not signed up for the MyOffers Collective Switch? Not to worry. You can compare and switch to the most competitively priced offer available to you today. Energylinx offer a free and impartial switching service. Click here to be taken to our energy 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 August 27, 2015 at 02:00 PM

August 20, 2015

Is your energy tariff coming to an end?

The following energy tariffs come to an end on the 31st August 2015:

British Gas
• Fix and Control August 2015
• Fix and Reward August 2 015
• Fixed Price August 2015

EDF
• Blue+Price Promise August 2015

First Utility
• iSave Fixed August 2015 (v23)

Flow Energy
• Thames Online Fixed September 2015

nPower
• Price Fix August 2015

Sainsbury's Energy
• Fixed Price August 2015
• Fix and Reward August 2015

If you are currently on one of these tariffs then you will be moved to your supplier's standard tariff. This could mean that you end up paying more than you should for your energy.

Shopping for a new energy tariff? Look no further! Energylinx compare the whole domestic energy market and offer free and impartial advice on the cheapest tariff available to you. To do a quick and simple comparison, click here.

Posted on August 20, 2015 at 04:37 PM

August 10, 2015

M&S Energy Goes Green

From today M&S Energy is supplying all their customers with electricity from renewable sources. In May 2015, M&S announced it had committed to 100% renewable energy by joining the RE100 initiative - a scheme that aims to help major companies source their energy from 100% renewable sources. The company will be generating the equivalent of its current electricity use at 46 hydroelectric stations in Scotland and using this to supply their new and existing customers - at no extra cost to the customers.

Last month M&S Energy also announced that it will offer up to £400,000 for community energy projects with the launch of the M&S Community Energy Fund. The M&S Community Energy Fund will offer funding to not-for-profit organisations that want to use renewable energy for the benefit of their local community.

Winners of the funding will be short-listed and then decided by a public vote, allowing locals to decide which project will have the greatest benefit to the area. The fund will aim to add to the 5,000 community energy groups currently active in the UK. The public vote went live on August 17 and will go on until September 30, 2015.

Posted on August 10, 2015 at 03:06 PM

August 7, 2015

Smart billing for a smarter market

A consultation on measures to help make energy billing "smarter" for consumers has been launched by energy regulator, OFGEM.

OFGEM has set out a number of recommendations, specifically on minimising back billing and estimated bills as these have been identified as the top priority needing addressed before the mass roll-out of smart meters next year. The technology is expected to help put an end to estimated billing by monitoring real-time electricity and gas usage and sending data back to suppliers.

The regulator aims to identify and act on risks and opportunities for consumers in a smarter market as part of their 'Consumer Empowerment and Protect' project.

OFGEM stated:

"We propose to put in place a time limit on the duration of back bills generated from consumption on a smart meter. We propose to implement this back bill limit via suppliers' licence obligations, to ensure a minimum standard of protection for all consumers.

We also want to encourage suppliers to publish their smart billing performance data, building on the existing publication of complaints data."

With recent research showing that complaints about energy suppliers are on the rise and billing is the most common issue experienced by consumers it is hoped that smart meters will stop any billing mistakes from happening and will bring down the amount of complaints.

OFGEM is inviting views until 2nd October. To read the full report click here.

Posted on August 7, 2015 at 12:50 PM