Utility Warehouse launches UK’s Cheapest Fixed Energy Tariff for Black Friday
In a significant move this Black Friday, Utility Warehouse has introduced the UK’s cheapest fixed energy tariff, offering substantial savings below the current and upcoming energy price caps. This initiative provides budget-conscious households with an opportunity to secure lower energy bills amidst rising costs. [Get your quote]
David Walter, Chief Growth Officer at Utility Warehouse, said: “As the price cap rises and temperatures fall, we’re doubling down on giving households exactly what they want: energy prices that undercut the cap and excellent customer service. And this isn’t just a short-term Black Friday deal—our fixed tariffs are designed to deliver savings and peace of mind for the next 12 months – putting pounds back into our customers’ pockets for the year ahead.”
Overview of Utility Warehouse's Fixed Saver 32 Tariff
On 28th November 2024, Utility Warehouse (UW) launched the Fixed Saver 32 tariff, positioning it as the UK’s most affordable fixed energy plan. Priced at £1,559 per year, this tariff enables customers to secure their energy costs until 30th November 2025, offering financial predictability in an uncertain market.
Comparative Analysis: Fixed Saver 32 vs. Current and January Price Caps
The current energy price cap stands at £1,717, with an increase to £1,738 slated for January 2025. The Fixed Saver 32 tariff is set £158 below the present cap and £179 beneath the forthcoming January cap, providing significant savings for consumers.
Bundling Services for Enhanced Savings
UW encourages customers to bundle their energy service with broadband and mobile offerings. By doing so, customers can access the Fixed Saver 32 tariff. Additionally, those who opt for a four-service bundle receive a £50 bill credit, further reducing annual energy costs to £1,509—£208 below the current price cap.
Eligibility and Availability for New and Existing Customers
Unlike many competitors, UW’s new fixed tariffs are accessible to both new and existing customers. Enrolment is facilitated through UW Partners, who provide personalised assistance throughout the switching process and offer guidance on maximising savings by bundling services.
Additional Support Initiatives by Utility Warehouse
Beyond competitive pricing, UW extends support to households facing financial challenges. This includes flexible payment plans, energy-saving advice, and a hardship fund operated in collaboration with Citizens Advice, which distributed over £555,000 in the last financial year. [read more]
Black Friday Energy Deal FAQ's
Utility Warehouse’s new Fixed Saver 32 tariff allows customers to lock in energy rates at £1,559 annually, which is £158 below the current price cap and £179 less than the anticipated January increase. By bundling energy with broadband and mobile services, customers can achieve even greater savings, making it an attractive option for those seeking cost-effective energy solutions. [Get your quote]
Legal bits
Fixed tariff: Fixed tariff only available to eligible customers who take two or more bundle services (bundle services are energy, broadband and mobile). Smart meter required. Full details, eligibility and terms available at UW terms and conditions.
Variable tariff: £50 discount applies to customers switching energy plus 2 or 3 other services (broadband or mobile). Lower discounts applied to customers taking energy, or energy plus 1 other service. Variable energy tariff only. Paying by Direct Debit.
£100 a year below the Government’s price cap: Available to eligible 4 service bundle customers (energy, broadband, mobile) with a credit meter. Dual fuel required, lower saving available with single fuel. £100 made up of (i) Double Gold variable tariff priced at £50 lower than the government’s price cap and (ii) £50 annual bundle credit. Bill value will vary depending on energy consumption.
Full details, eligibility and terms available at UW terms and conditions.
*Cheapest fixed energy: when you take two or more bundle services (bundle services are energy, broadband and mobile). Cheapest compared with competitor fixed tariffs offered by major suppliers (large and medium suppliers as defined by Ofgem), on sale nationally and excludes existing customer-only tariffs. Payment by Direct Debit. Smart Meter required. Based on Ofgem’s typical domestic usage. Prices averaged across all regions. Correct at 26/11/24. Contact us to verify.
**Cheapest variable energy: when you take energy and two other eligible bundle services vs standard variable tariffs offered by major suppliers (large and medium suppliers as defined by Ofgem), for sale nationally, excl. existing customer tariffs. Based on Ofgem’s typical domestic usage. Payment by Direct Debit. Correct as of 25/11/2024. Contact us to verify. See UW terms and conditions
