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Home > Hot Tips > How to save money on electricity and gas
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15 November 2007
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As the economic outlook gets gloomier, FPB members everywhere will know that energy price increases are playing a far more important role in the fight to make a decent profit for their companies. Read on to see if you are overpaying your suppliers.

Hands up all those who think that the energy suppliers are benign benefactors giving the very best price for their gas and electricity? No? Well you would be right; these suppliers are only interested in making their own profits for their shareholders.

It is estimated that FPB members collectively pay over £1,500,000 more than they need for their energy supply every year! This is because electricity and gas supply is always on tap and so most members make the excuse that they are too busy to get to grips with the problem, and push the action needed to the bottom of the pile.

Here is a little quiz: if you get all questions right then you are not among the over-payers, if you get half right then you might just get away with it, but if you have trouble with the last set of questions, then you are almost certainly included.

    1. Who supplies your electricity and gas?  
    2. Do you know how much you pay per unit or kWh?  
    3. What sort of contract is in place for your supply?  
    4. Is it automatically terminated or is it ongoing?  
    5. Even if you have not signed anything for a number of years, you will have an agreement with your suppliers. Do you know your contract anniversary? 
    6. Does ‘E' for estimated, show on you bill with monotonous regularity?

If all of this seems to be a problem you would rather not confront, then help is at hand. The FPB have a partner that will sort the whole thing out. Utility Options have been helping members with their energy supply since 1995. They will help find out the true situation with regard to your contracts, find the best price for you, and the good news is that it is a FREE service!

The ideal situation is for you to know when your account is reviewed by your supplier. Instead of just leaving the pricing to them, you should be in a position to accept a better offer and thereby save your company overpayment for your supply.

To contact Utility Options click here or:

Call: 0808 145 0400

Fax: 0808 145 0500

Email: jbates@utility-options.co.uk

Or telephone the FPB on 01565 634 467.



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