Rishi Sunak Britain band Mobile Rishi Sunak Britain

Utility Warehouse offers energy customers fixed tariff £550 below Ofgem's expected October price cap

Reading now: 837
dailyrecord.co.uk

Last week, Chancellor Rishi Sunak announced that the Uk Government will double the £200 energy bill ‘loan-not-loan’ to £400 which is set to be applied to all domestic electricity accounts from October and turned it into a grant meaning nobody needs to pay it back.

The additional support came in the wake of Ofgem predicting that the October price cap is expected to increase by a further £800 to £2,800, potentially putting millions of households under even more pressure during the coldest months of the year.

However, following the announcement, Utility Warehouse (UW) is now offering consumers a fixed energy tariff £550 below the expected October price cap.

The firm is offering multiservice customers - those who take energy plus any two of Utility Warehouse’s broadband, mobile and/or insurance services - the chance to fix their energy price at £2,250 until May 2023.Including the UK Government’s £400 rebate, this represents a reduction in costs through the winter at an effective cost of £1850 until May 2023.Commenting on the new offer, Andrew Lindsay, Co-CEO said: “Enough is enough.

Read more on dailyrecord.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA