Energylinx UK Energy Industry News Service

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February 10, 2008

British Gas increases energy tariff by 18.58%

From a position of being one of the cheapest online tariffs in the UK up until the 8th January, Click Energy from British Gas has decided to cease selling Click Energy 4 and introduce Click Energy 5.

Along with the name change comes a price increase:

Average Dual Fuel Increase 18.58%
Average Electricity Increase 20.98%
Average Gas Increase 16.68%
based on a standard domestic user consuming 20,500kWhs of gas and 3300kWhs of electricity paying by monthly direct debit. Source: Energylinx as at 09.02.2008

Depending on where you stay the increase ranges from 16.6% to 23.3% for dual fuel customers with the highest increase being those customers living in ScottishPower's area:

Distribution Area Gas Increase % Electricity Increase % Dual Fuel Increase %
Eastern  £    80.76 16.7%  £    50.54 19.8%  £  131.30 18.1%
East Midlands  £    80.76 16.7%  £    46.41 17.6%  £  127.17 17.3%
London  £    80.76 16.7%  £    44.46 16.4%  £  125.22 16.9%
Manweb  £    80.76 16.7%  £    56.55 19.9%  £  137.31 18.2%
Midlands  £    80.76 16.7%  £    59.14 22.1%  £  139.90 19.0%
Northern  £    80.76 16.7%  £    82.58 31.4%  £  163.34 22.3%
Norweb  £    80.76 16.7%  £    61.39 24.0%  £  142.15 19.6%
Scottish Hydro  £    80.76 16.7%  £    58.06 20.6%  £  138.82 18.5%
ScottishPower  £    80.76 16.7%  £    75.82 27.8%  £  156.58 21.1%
SEEBOARD  £    80.76 16.7%  £    46.09 17.6%  £  126.85 17.3%
Southern  £    80.76 16.7%  £    44.95 15.6%  £  125.71 16.6%
SWALEC  £    80.76 16.7%  £    49.35 16.0%  £  130.11 16.7%
SWEB  £    80.76 16.7%  £    53.29 18.5%  £  134.05 17.7%
Yorkshire  £    80.76 16.7%  £    69.42 26.5%  £  150.18 20.5%
Based on a standard domestic user consuming 20,500kWhs of gas and 3300kWhs of electricity paying by monthly direct debit (inc. VAT). Source: Energylinx as at 09.02.2008


So who holds the number one spot today?

As you will see from the following table this position is still dominated by Spark Energy as it has been for several months now with E.ON now taking over from British Gas:

Cheapest Online Accounts (based on payment method monthly direct debit) (Gas 20,500 kWhs and Electricity 3,300 kWhs)
Distribution Area Dual Fuel Supplier
Eastern Electricity (10) Spark Energy £748.61
East Midlands Electricity (11) Spark Energy £749.10
London Electricity (12) E.ON/Powergen £743.39
Manweb (13) Spark Energy £747.32
Midlands Electricity (14) E.ON/Powergen £771.22
Northern Electric (15) E.ON/Powergen £761.34
Norweb (16) Spark Energy £752.95
Scottish Hydro (17) Spark Energy £749.97
Scottish Power (18) Spark Energy £752.90
Seeboard (19) Spark Energy £735.41
Southern Electric (20) Spark Energy £748.88
SWALEC (21) Spark Energy £741.72
SWEB (22) Spark Energy £764.90
Yorkshire Electricity (23) E.ON/Powergen £762.07
Souce: Energylinx 09.02.2008


Energylinx is of the belief that the increases we have seen in this early part of 2008 are simply signs of times to come. The problem in the UK is that domestic consumers are continually told that they pay too much for their energy and that the energy companies are profiteering. The truth is that in the UK energy suppliers make for less from their customers than in almost any other country.

The issue though is that the relationship of energy costs to UK salary costs is increasing year on year and with some four million households now firmly classed as fuel poor, spending more than 10% of their income on energy it is not an easy pill to swallow that its not energy that is too expensive its that salaries, pensions and benefits are simply not keeping up.

However this is not the standard argument that you will read when an energy supplier increases its prices and until we start to recognise this we simply cannot sit around and be complacement.

NOW is the time to actively seek out the best energy supplier for your home, but before you do, do read this article on who is the cheapest energy supplier and use a 100% impartial energy price comparison service and do not be duped into believing that you have found a good deal if you are being told that we compare: out of the top six suppliers, of the main suppliers, of the licensed suppliers.

Where you see this forget them and only consider someone who is 100% impartial and lists every single energy tariff.

If you wish to use the 100% impartial, listing every single tariff, service offered by Energylinx click on any of these two links below to discover just who is the cheapest energy supplier in the UK for your home:

If you have gas and electricity click this link

or

If you have electricity only click this link

Posted by energylinx at 10:00 AM Technorati:

February 02, 2008

Who is the cheapest energy supplier in the UK?

There appears to be a constant quest to discover who the cheapest energy supplier in the UK, however this is something that is completely impossible to convey with a single table.

energywatch, the domestic electricity and gas watchdog were some years ago encouraged by the Advertising Standards Authority to come up with a profile of the standard customer.

When these figures were produced, some six years ago, they relied on what was publicly available information at the time and came up with the consumption figures 20,500 kWhs for gas and 3,300 kWhs for electricity and today in every table we see, including that noted below, these figures are quoted.

The truth is the average domestic consumer uses nothing like these figures so when we read that such and such supplier is cheapest in a particular area it is always based on an energy profile that simply does not exist.

Returning to the question, who is the cheapest energy supplier in the UK?, we can say categorically that this question can only be correctly answered specifically for your own profile and you can almost gaurantee that this will not be the same as your next door neighbour even if they stay in the same size of home and have the same size of family.

The only way to discover who is the cheapest energy supplier in the UK? is to use an energy price comparison service that is 100% impartial and lists every single supplier.

So where can you start, a good starting point would be to look at the energywatch accredited price comparison services and then look in detail, do they list every single supplier, not just the main or licensed suppliers?

This is extremely important with new entrants to the supply market such as Spark Energy, who are only shown on three energy comparison sites, including www.energylinx.co.uk and actually turn out to be in the number one spot for price in some 17% of the 42,000 searches carried out on an energylinx platform every day. You can see immediately the importance of making sure that the energy comparison service that you use is indeed impartial and lists every single tariff available to you.

Problem is, its all smoke and mirrors and you see phrases: out of the top six suppliers, of the main suppliers, of the licensed suppliers, to name but a few, the best idea is make sure who you use is 100% impartial.

So where do you start in your quest to find the cheapest energy supplier in the UK?

The answer is right here:

Click on any of these two links below to discover just who is the cheapest energy supplier in the UK for your home:

If you have gas and electricity click this link

And

If you have electricity only click this link

And before we forget the table below shows what the main six suppliers will charge, on average across the whole of the UK, a standard customer paying by monthly direct debit on their standard tariffs.

  Gas (as a single fuel) Electric (as a single fuel) Dual Fuel
British Gas  £      588.29  £    394.30  £   967.59
EDF Energy  £      613.36  £    376.77  £   964.92
E.ON*  £      524.42  £    360.74  £   856.91
Npower  £      610.23  £    403.67  £   971.90
Scottish and Southern Energy**  £      487.52  £    334.09  £   821.61
ScottishPower  £      603.67  £    366.81  £   959.08
 * not yet increased in 2008; ** held until 20th March 2008 as yet not increased in 2008
Based on 20,500 kWhs of gas and 3,300 kWhs of electrity paying by monthly direct debit. As at 2nd February 2008


Do remember of course what we said before, you are not a standard customer you are in individual, so happy searching, the good news is that it easy to save hundreds of pounds a year on your energy just click the links above.

Posted by energylinx at 10:52 AM Technorati:

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