Due to continuing record prices in the wholesale energy markets, The Utility Warehouse will again be increasing their energy prices with effect from 1 May.
These new prices are in line with the Company's unique Triple Value Guarantee, which ensures that Utility Warehouse customers always benefit from competitive energy prices. Indeed, the combined effect of the Company's increases this year (around 18% for gas) is substantially below the increases imposed this year by other major suppliers including British Gas (+22%), Powergen (+25%), npower (+32%) and Scottish & Southern (+33%).
Charles Wigoder, CEO Telecom
plus Plc, in a news release to the Utility Warehouse Distributor network commented: "Even if it means we need to adjust our prices more frequently than some other suppliers, our policy is to keep our energy prices as low as possible for as long as possible."
"In particular, we wanted our customers to benefit from the lowest possible prices until the current winter central heating period was completely over, which is why our last increases on 1 March 2006 were substantially below the levels imposed by other energy companies. The continuing high cost of energy in the wholesale markets has however made a further increase in our own prices inevitable."
"We can’t do anything about the soaring cost of energy in the wholesale markets, but we
continue to do everything possible to help our customers avoid paying more than they
need to! Utility Warehouse customers can relax, confident in the knowledge they’ll always
be paying one of the cheapest prices for their energy, compared with all the other major
suppliers."
Labels: service-news
posted by Jeremy Tromans at 4/21/2006 09:00:00 AM
