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.
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