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Based on a case study of his own Mother, Onedox founder David Sheridan offers three simple top tips on using free platform Onedox to save up to £100 a month on household bills in 2017, without having to turn the heating down or switching off the mobile phone.
Your energy provider will be able to tell you how to make the most of any off peak tariffs that they have. But often much greater savings are available by actually moving to a different supplier.
It is easy to switch providers, and many offer introductory discounts for doing so. The rub is that once the introductory period ends, the prices go up. The Onedox platform automatically alerts users as soon as the discount period is due to expire, and helps householders to switch to another provider to maintain the lower cost.
2. Landline and Internet
Ensure you have the package that best suits your needs. Ensure you aren’t paying high bills for internet capacity that you aren’t using, and check that the phone calls you need to make are covered by the inclusive package you have. If mobile numbers are not included, often bills escalate as the additional costs for making these can be sizeable. Onedox will help to identify what you are paying extra for, and will alert you to when ‘new customer’ deals expire.
3. Mobile Contracts
Many people pay much more than they need to, by getting themselves tied into expensive new phone contracts as soon as old ones expire. Infrequent users can benefit from switching to SIM only services, and often landline suppliers can provide mobile services for only a small premium removing the need for an independent contract elsewhere, and the associated costs. So check your usage, and ensure that the deal you have is the one that works best for you. Onedox can help you do that.
Are these savings really achievable? Yes, according to pensioner Linda Sheridan, and Mother of Onedox founder David, who followed his tips in 2016, and ended the year over £1200 better off.
Delighted with her windfall, Linda says, ‘Cutting more than £1200 from my annual bills makes a huge difference to a pensioner like me.”
Explaining how the business he created has saved thousands of pounds not only for his mother, but for many other householders too, David Sheridan claims that the biggest opportunity for cost cutting lies in avoiding defaulting to expensive deals once attractive minimum term contracts end.
Whilst her annual energy bill has dropped by £504, and her mobile phone bill has been clipped by £103, her biggest saving has been achieved in her landline and internet bill, down by £611 a year.
On her energy costs, changing contract once she gets alerted that the minimum contract term ends, Linda is ensuring she no longer gets moved onto a more expensive standard tariff. 70% of energy customers are on a standard tariff, meaning they automatically pay more over time and are paying more for the same service than customers who change supplier.
The Internet package she was supplied with was inappropriate for an infrequent Internet user, with a high allowance and high bills to match. The landline package didn’t include calls to mobile phones, which were charged additionally. This was adding another £15 per month to her bill.
Linda moved to a supplier that charges less for the landline, provides free Internet for an initial twelve month period, and offers a package that includes calls to mobile phones for one regular, monthly fee, which saved her over £50 a month.
Whist still needing to have use of a mobile, Linda has cut her costs over time by opting for a SIM-only mobile contract and being on a low cost monthly tariff to reflect her usage requirements. It’s been possible to cut these costs to just a few pounds per month by getting her mobile SIM from the same company that provides her landline and Internet package.
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