In this Observer opinion piece, David Mitchell rightly points out the incredible dysfunctionality of the UK energy system: “…the fact that the largest operators in the domestic energy marketplace offer some of the highest tariffs is a lovely demonstration that the forces of market competition aren’t functioning. …to research who’s offering the best price, go through the admin hassle … Read More
tldr; Switching to a better energy tariff is always a good idea. If you don’t have a smart meter yet, make sure to get a 2nd gen smart meter (SMETS 2) that can connect to all suppliers. If you have a smart meter already (and it’s a SMETS 1) and if you switch suppliers, your meter may lose some of … Read More
What exactly are “available savings”? When using a price comparison site to see if you can save money on your energy bills, the way in which the calculation works can be very unclear. If the results suggest you have available savings of say, £200 by switching to a new deal, that does not necessarily mean your bills will fall. … Read More
Today’s news that Theresa May is under pressure to act on consumer energy prices represents the latest round in a series of finger pointing without any benefit being delivered to consumers. In the context of UK energy prices at historic highs of £1,0961 per year, it’s more important than ever for consumers to ensure they take action themselves, by moving … Read More
John Penrose, MP, told the House of Commons on 16th March that the big six energy firms are treating customers like “chumps” by automatically moving them to more expensive standard tariffs once their fixed term deals end. Rather than having their loyalty rewarded, he suggested that they pay [hundreds of pounds] more for staying with the same supplier. A motion … Read More
2017 is getting off to an expensive start for many… as major gas & electricity suppliers have announced price increases that affect 12.1 million UK households!
These increases are to what are known as the “standard variable rate” tariffs which are already some of the worst deals available.
They affect customers of British Gas, E.ON, EDF, nPower, Scottish Power, SSE, First Utility and Co-operative Energy.
And, with these recently announced price hikes, they are set to get far worse… with the prize for worst increases so far going to npower with a 15% increase for electricity!
To beat the hikes you need to switch energy deal which only takes a few minutes thanks to the revolutionary Onedox app.
Did you know that the Competitions and Markets Authority (CMA) have recently released the findings of their two year investigation into whether customers are getting a bad deal from energy providers? Probably not, as it was released on Friday June 24th, the same day as the result of the referendum on EU membership. The timing of the release, on a … Read More
If the answer to either of these two questions is “yes” or “I’m not sure”, you could be saving hundreds of pounds a year on energy and mobile bills! Are you on a standard rate deal with your energy provider? Since we launched Onedox, we are helping our customers save, on average, over £300 a year by moving to a … Read More