In a trailblazing move, Utility Warehouse, a significant player in the energy sector, has rolled out a fixed rate deal that is set to be even more affordable than the upcoming price cap this July.

Named the “Fixed Saver 1”, this remarkable offer has been extended to both existing and new customers, providing an enticing opportunity to secure their energy bills at a rate that is undeniably more competitive than the Standard Variable Tariff (SVT).

Fixed Rate Locks In Your Prices

The “Fixed Saver 1” tariff sets a milestone by enabling customers to lock in their energy prices at an average of £1,974. For the average household, this means a clear saving of £100 compared to staying with the SVT, which aligns with Ofgem's price cap.

As a result, customers can enjoy peace of mind with their average gas and electricity bills capped at £2,074 per year from July 1, providing financial security in the face of potential future energy price hikes.

But the benefits don't stop there! To enjoy these significant savings, customers are required to sign up for at least two other services from Utility Warehouse, such as mobile, broadband, or insurance bringing the cost even further down and saving its customer even more money.

This is far from a catch, however, as it's an opportunity to enjoy the company's excellent range of quality services, all while further reducing your energy tariff.

Package Deal

Sarah Coles, Head of Personal Finance at Hargreaves Lansdown, has previously highlighted the benefits of package deals.

She explained that utility companies have harnessed the power of bundling services for years, a tactic that often discourages customers from switching even after prices have increased.

“If all the parts of the package offer good value for you, and you would be buying them separately anyway, then this could work out as a brilliant deal,” Coles said. In essence, these bundled services can offer customers unparalleled convenience and potentially even more savings.

Winter Price Hikes

As we move forward into uncertain times with predictions of price hikes in the winter months, according to various think tanks, locking in a fixed tariff with Utility Warehouse could be an excellent strategy.

Ashton Berkhauer, an energy expert at Moneysupermarket, encourages customers to consider fixed tariffs as they provide peace of mind and financial security in a fluctuating market.

In conclusion, Utility Warehouse's new fixed deal is not only a money-saver but also a stress-reliever, offering significant savings on energy bills, high-quality bundled services, and a shield against future price hikes. So why wait? Seize the opportunity and enjoy the benefits of peace of mind and stable, low energy bills today!

Is this current deal truly the best one for you? Input your details into our system, and let us determine if there's potential for savings by changing your energy rates. Our Energy Rate Radar continuously monitors the market, offering you peace of mind that you're indeed on the most advantageous plan.