Fuel bill deal can save you money

THURROCK Council is setting up a new energy scheme to help residents save money on bills in the New Year.

People can sign up for the scheme in January, and the following month a broker will negotiate a special tariff direct with the major energy companies.

The idea is that with a large number of customers buying at the same time, the broker will be able to get a better deal than what it is available on the market.

Thurrock has been working with the London borough of Barking and Dagenham to put the scheme together, and where it has been launched in other areas it has saved customers up to £200 a year on their energy bills.

Council leader John Kent said: “This is a perfect example of where working with another local council can bring benefits to both.

“We are always looking for ways in which we can help residents, especially in these difficult financial times and by combining with Barking and Dagenham we should each be able to reduce costs for local people.”

Cllr Val Morris-Cook, deputy leader and portfolio holder for housing, added: “This scheme has been a success in other parts of the country, so when we looked at it in detail we thought this was something our residents could really benefit from.

“Even if you’re not facing fuel poverty this would be a benefit to each and every one of Thurrock’s residents – energy bills can be a horrendous financial burden, especially in winter.”

Residents who sign up to the scheme will have a 30-day “cooling off” period.

If they decide not to carry on, they can then pull out with no penalties.

If they do sign up, they have the option of switching to another tariff if they wish.

Details on how people can sign up will be announced in January.

Comments (1)

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6:33pm Fri 28 Dec 12

sexyjw says...

And what are those of us who are tied into fixed deals beyond February supposed to do? Can residents sign up to the scheme at any time during the year?

It says there is a 30-day cooling off period. Surely there should be a 30-day cooling off period from when the broker announces the prices? I am always sceptical of these schemes. If everyone joined them, would the power industry seriously see itself worse off? Or would prices go up across the board to compensate.

My employer (present and past) has special 'staff discount offers for the high street', put together by third parties. Generally I find it is possible to do better on one's own - if the time and will is available to do it.
And what are those of us who are tied into fixed deals beyond February supposed to do? Can residents sign up to the scheme at any time during the year? It says there is a 30-day cooling off period. Surely there should be a 30-day cooling off period from when the broker announces the prices? I am always sceptical of these schemes. If everyone joined them, would the power industry seriously see itself worse off? Or would prices go up across the board to compensate. My employer (present and past) has special 'staff discount offers for the high street', put together by third parties. Generally I find it is possible to do better on one's own - if the time and will is available to do it. sexyjw

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