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Utility Warehouse (Telecom Plus) Discussion

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  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Meeper wrote: »
    Care to elaborate, or just continue in your normal way of making blanket statements without any evidence to back it up?
    Interesting choice. Prove that UW's standard gas and electricity is more expensive than other standard tariffs please. Not online tariffs, fixed or capped or anyof those other deals. Comparison of standard tariffs required. I look forward to hearing your justification that the statement about having the cheapest standard gas & electricity is incorrect. Facts only here please. Neither I nor the other MSE readers care for your rants, just facts will suffice.

    Thanks,

    Meeper
    --UW ID

    Gas 16,500kWh pa Electricity 3,300kWh pa Midlands area paying by DD.

    According to energyhelpline the following are cheaper:

    BG standard tariff

    N Power Standard tariff

    National Trust

    SSE standard tariff

    M & S energy Standard tariff

    Scottish Power Standard Tariff

    E-On Standard Tariff

    EDF Standard Tariff

    OVO - non-internet and paper bills

    Of course it is very convenient for you to want the comparison confined to Standard tariffs, even though virtually all of the major companies are cheaper than UW.

    However this is a money saving website, so the real comparison to demonstrate UW's very high gas and electricity prices is to compare UW with all available tariffs. If you do this for the above circumstances UW are 17.1% more expensive.
  • Meeper
    Meeper Posts: 1,394 Forumite
    So, according to energy helpline, the standard tariffs you list are cheaper? Interesting. No numbers? You're normally so thorough.

    Anyway, the double the difference price promise will refund double the difference if the client doesn't save money. So, if the client is currently on the cheapest standard tariff, and we then refund double the difference, our total cost is lower than the cheapest standard tariff. And if you're cheaper than the cheapest then the previous cheapest is no longer the cheapest. :)
    I am an Independent Financial Adviser
    You should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • MillicentBystander
    MillicentBystander Posts: 3,518 Forumite
    edited 8 November 2011 at 4:25PM
    Cardew wrote: »
    Gas 16,500kWh pa Electricity 3,300kWh pa Midlands area paying by DD.

    According to energyhelpline the following are cheaper:

    BG standard tariff

    N Power Standard tariff

    National Trust

    SSE standard tariff

    M & S energy Standard tariff

    Scottish Power Standard Tariff

    E-On Standard Tariff

    EDF Standard Tariff

    OVO - non-internet and paper bills

    Of course it is very convenient for you to want the comparison confined to Standard tariffs, even though virtually all of the major companies are cheaper than UW.

    However this is a money saving website, so the real comparison to demonstrate UW's very high gas and electricity prices is to compare UW with all available tariffs. If you do this for the above circumstances UW are 17.1% more expensive.


    75% of the country's households are still on a standard tariff. And do any of those other standard tariffs give you inclusive calls on your landline? Or 10% refund on annual sum paid in the first year? Or the option of accurate monthly billing? Plus we've seen what happens when the Big 6 are forced to reduce/simplify their tariffs - the cheapest ones increase substantially, typically by 6%. I'm very disappointed that you don't seem to have any sort of view on that practice? Not enough to contribute to the thread anyway.

    PS Now then, about UWs sim only mobile deals....:rotfl:
  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Meeper wrote: »
    So, according to energy helpline, the standard tariffs you list are cheaper? Interesting. No numbers? You're normally so thorough.

    Anyway, the double the difference price promise will refund double the difference if the client doesn't save money. So, if the client is currently on the cheapest standard tariff, and we then refund double the difference, our total cost is lower than the cheapest standard tariff. And if you're cheaper than the cheapest then the previous cheapest is no longer the cheapest. :)

    As I said, this is the important issue!
    However this is a money saving website, so the real comparison to demonstrate UW's very high gas and electricity prices is to compare UW with all available tariffs. If you do this for the above circumstances UW are 17.1% more expensive.
  • Meeper
    Meeper Posts: 1,394 Forumite
    Oh, I see! That's cleared everything up then!

    As in MBS's post, if 75% of the UK population are on standard tariffs, can switch all of their services to UW, receive a reduction on their phone, guaranteed double the difference back on their energy, 10% energy refund in the first year, and the cheapest mobile deals around saving them considerable amounts on their monthly spending, that wouldn't be in the spirit of Moneysaving?

    You understand what it means to save money, right? Saving money means paying less than you are currently. It doesn't mean paying the absolute cheapest price you can for things, but it means reducing your cost from its current levels.

    If I wanted a will, I could pay £5 and get an off-the-shelf thing from WH Smith. Or, I could pay £100 and get a solicitor to draft one for me. By your logic, it's always better to go with the £5 option because it's the cheapest. Not sure how you could be more wrong, to be honest.
    I am an Independent Financial Adviser
    You should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Meeper wrote: »
    Oh, I see!

    If I wanted a will, I could pay £5 and get an off-the-shelf thing from WH Smith. Or, I could pay £100 and get a solicitor to draft one for me. By your logic, it's always better to go with the £5 option because it's the cheapest. Not sure how you could be more wrong, to be honest.

    The trouble is you 'don't see'!

    Your rather silly analogy would only apply if the gas and electricity from UW was of a better quality(perhaps higher calorific value for gas;))

    On your sales course were you not told that the gas and electricity supplied is the same regardless of who is billing the customer?

    So yes it would be better to go for the cheaper gas and electricity rather than with a firm like UW who charges far more for exactly the same product!
  • Meeper
    Meeper Posts: 1,394 Forumite
    Splendid selective quoting there. You're a master at twisting and obfuscation. Were I so inclined in a similar vein, I might be impressed.

    Sadly, your out of luck on that front.

    My analogy was in direct response to your assertion that the cheapest is always the way to go, indicated by your continued referral to this as a money saving website. Your obvious contention therefore is that saving money outweighs all other factors and should be considered as the only important factor. I attempted to point out the flaw in your logic. Do keep up.
    So yes it would be better to go for the cheaper gas and electricity
    Splendid. So if there is a way in which UW would prove cheaper than the others, then you would absolutely advocate going down that route. And, as I have shown you a way in which UW CAN be cheaper than the others you listed, you must therefore concede that it is "the cheapest" and therefore worth taking for those 75% of the UK population who are on standard tariffs. Excellent! I'm glad we're finally on the same page.
    I am an Independent Financial Adviser
    You should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Numbers....OK you want numbers. Anyway, the website seems to clarify the guarantee by saying cheaper than British Gas and the local electricity supplier in the fine print. So I'll give those numbers...

    East Midlands average usage 16,500kWh and 3,300kWh.
    British Gas Standard Direct Debit = £752
    UW High usage tariff = £718 + £18 = £736 Saving £16 per year over BG Standard...yet Npower SOL24 is £627

    EON Standard EnergyPlan Monthly Direct Debit = £514
    UW Medium usage tariff = £470 + £18 = £488 Saving £26 per year over EON Standard....yet Utilita is £406

    True if you add Home phone & Broadband (£20) and Mobile (£10) you will have 4 services costing an extra £30 per month to be able to save £10 per month by packaging it all together. So the total annual bill would be £718 + £470 + £18 + £360 = £1566 then less the 10% discount on gas and electricity of £119 brings it to £1447 for the first year only.

    Or a bit of shopping around would get first:utility duel fuel for £1013, Tesco home phone and broadband for £285 (but that's unlimited calls and internet and comes with a free wireless router which would have cost £24 a year with UW and the unlimited part of the internet would cost an extra £60 a year with UW) and a cheap mobile plan at £180 (but they do have some with some free mobile internet allowance which would have cost an extra £60 a year with UW) with most suppliers. For a total annual cost of £1478 which is £88 a year cheaper than UW and with more included.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Meeper
    Meeper Posts: 1,394 Forumite
    HappyMJ wrote: »
    East Midlands average usage 16,500kWh and 3,300kWh.
    British Gas Standard Direct Debit = £752
    UW High usage tariff = £718 + £18 = £736 Saving £16 per year over BG Standard...yet Npower SOL24 is £627

    EON Standard EnergyPlan Monthly Direct Debit = £514
    UW Medium usage tariff = £470 + £18 = £488 Saving £26 per year over EON Standard....yet Utilita is £406
    For the same usage, why do you quote UW high for one and UW standard for the other?
    True if you add Home phone & Broadband (£20) and Mobile (£10) you will have 4 services costing an extra £30 per month to be able to save £10 per month by packaging it all together. So the total annual bill would be £718 + £470 + £18 + £360 = £1566 then less the 10% discount on gas and electricity of £119 brings it to £1447 for the first year only.
    Which would be a saving on their current expenditure in this case, do you agree?
    Or a bit of shopping around would get first:utility duel fuel for £1013, Tesco home phone and broadband for £285 (but that's unlimited calls and internet and comes with a free wireless router which would have cost £24 a year with UW and the unlimited part of the internet would cost an extra £60 a year with UW) and a cheap mobile plan at £180 (but they do have some with some free mobile internet allowance which would have cost an extra £60 a year with UW) with most suppliers. For a total annual cost of £1478 which is £88 a year cheaper than UW
    So you want to go through all of that stuff, have 5 different providers, 5 different bills every month, variable customer service, upheaval and hassle of dealing with multiple companies all to save £88 in OPTIMAL circumstances! And the UW deals with no minimum contract terms either as opposed to tie-ins likely with all of the ones you quoted! No mention also of the potential reductions from the bill with the cashback card, which would only require a monthly spend of around £150 to generate the cashback required to cover the £88 per annum difference and make UW the cheapest proposition overall.

    Thanks for the figures HappyMJ, you'd be a good distributor! You just need to point out the additional benefits as well as the excellent numbers you have provided.

    Anyone doing what you propose would, to steal a phrase from my old pal Q, most definitely be a "busy fool" trying to keep up with all of the different companies for the sake of about £7 a month (pre-cashback)!

    Priceless.
    I am an Independent Financial Adviser
    You should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    You miss the point that the Standard Tariffs from most(all?) of the major companies are cheaper than UW's Standard Tariff - albeit the savings are not as high as if you went for one of their cheaper tariffs.

    You asked:
    Prove that UW's standard gas and electricity is more expensive than other standard tariffs please. Not online tariffs, fixed or capped or anyof those other deals.

    That is exactly what I have done.

    However you cannot acknowledge that point, but have to bluster.
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