Uncategorised

The past 10 months have seen 5.1 million customers switch electricity suppliers – 3% less than the same 10 month period of 2019… However, despite the cumulative number of switches being lower, things seem to be on the up again, as October sees the highest rate of switching since April 2019. According to new data[…]

Why not see if Utility Renewals could do the same for you? It costs you nothing, but could make you a big saving…!

With yet another lockdown looming, the nation is once again under instruction to work from home where possible and not leave the house other than for a limited number of reasons.   Whilst remaining at home of course has its financial benefits, (for example saving money on travel and eating out), as we’ve touched on before,[...]

In a further attempt to help vulnerable customers with paying their energy bills, Ofgem recently announced that the Energy Price Cap was to be extended until the end of 2021, protecting approximately 11 million households across the UK (including the elderly and most vulnerable) from being overcharged by their energy supplier.   WHAT IS THE ENERGY PRICE[...]

As of the 15th December 2020, Ofgem’s new rules which aim to support customers who may be experiencing difficulty in paying their energy bills, come into force.   As a result of the COVID-19 pandemic, the country is seeing a significant rise in people struggling to manage their finances, with Citizen’s Advice estimating in September that 6 million people had already[…]

Tonik Energy, who supplied energy to around 130,000 domestic customers, recently announced that they were to cease trading. As was the case with both Robin Hood Energy and Bristol Energy, who also recently went bust, a statement was released by the supplier, assuring their customers that they shouldn’t worry, their energy supply will not experience[...]

Recent figures reported by Ofgem have highlighted that, compared to 2019 data, the number of customers switching supplier in the second quarter of the year has continued to fall.   Switches in Quarter 22019 Switches in Quarter 22020  Electricity  1,531,000  1,331,000  Gas  1,239,000  983,000  Figures taken from ofgem.gov.uk  As per the figures above, 2020 saw[…]

Just as we felt as though we were finally returning to some semblance of normality, we’ve been hit with the news that we are, without doubt, heading towards a second wave of Covid-19 infection and we must revert to a number of previously relaxed measures in an attempt to suppress the virus.   After 2 months[...]

Are You Entitled to the Warm Home Discount?  At Utility Renewals, we speak to a number of new tenants every day, to help them find the cheapest and best suited energy tariffs for their circumstances. One of the questions we always ask is ‘are you entitled to the warm home discount?’. We are continually surprised at how[...]

Last month, Bristol City Council finalised the sale of the business customer section of Bristol Energy, to Yu Energy. Last week came the news that, in a deal worth £14m,Together Energy had acquired their residential branch, taking on their brand and system, alongside approximately 155,000 residential meter points. Cllr Craig Cheney, deputy mayor and Bristol[...]