First Utility still the cheapest energy provider

Share Article

Analysis shows its long term fixed deals still cheaper than standard variable prices from Big Six. 50% of population who haven’t switched paying over the odds for energy.

First Utility - there is a better way

First Utility - there is a better way

Frozen prices are an attractive proposition, but I’d encourage consumers to look at what the best value long term fixed deals are on the market as a whole.

Analysis of Big Six standard variable prices shows that consumers are better off moving to long term fixed deals from First Utility, the UK’s fastest growing energy company. Consumers switching to fixed deals from First Utility which freeze prices to either 2015, 2016 or 2017, can save almost £200 per year.

It is estimated that the 50% of consumers who have never switched energy provider are currently on standard deals from one of the Big Six suppliers. A comparison of these standard variable rates shows significant savings are available by switching to First Utility’s fixed-price alternatives.

First Utility tops the best buy table with its iSave Fixed May 2015 tariff, but consumers can also make savings by switching to longer fixed deals and still freeze their prices until the Spring of 2017. For those that don’t want to fix, First Utility also has a Price Promise which guarantees its variable tariff will always be cheaper than the Big Six standard tariffs.

Ed Kamm, CMO of First Utility, said:

“We are always looking for ways to help our customers spend less on energy. That’s why we have the cheapest deal on the market, but also offer price certainty as far out as 2017 for those who want long term peace of mind.

“Frozen prices are an attractive proposition, but I’d encourage consumers to look at what the best value long term fixed deals are on the market as a whole. Our range of fixed tariffs will save money for consumers, but especially those who have never switched and are likely paying over the odds on un-competitive deals with the incumbent providers. Giving our customers peace of mind and putting more money in their pockets is something we feel very strongly about.”

Please see table showing First Utility compared to Big Six standard tariffs.

Notes to editors:

  • Prices vary by region and usage. The calculations and comparisons used here are based on OFGEM average usage data of 3,200kWh of electricity and 13,500kWh of gas at the national average.
  • Prices are rounded to nearest pound.
  • Comparisons are accurate as of 26 March 2014

About First Utility

First Utility is the fastest growing energy supplier in the UK and one of the largest independent energy companies. A main challenger to the Big Six providers, it supplies gas and electricity to 360,000 customers throughout the UK and is committed to helping them reduce their energy bills by offering cheaper tariffs, helping customers use less energy through the use of innovative technology and campaigning for industry change.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Anna Pank
Visit website