ubs : utility bill saver

3191marie

This company has contacted me and asked to see a electric bill to check if they could save me money.....few weeks later they have contacted me to say I have the wrong meter fitted and that I have been paying too much for my electric....they say they can go back 6 years.....they also want to get my meter changed. they will look after my account for 12 months

they have asked for £400 to get ball rolling and that it is only a depoist...which I will get when the new new contract begins...

Has anyone had dealing will this company???

Terrylw1

[TEXT DELETED BY FORUM TEAM].

Why do they want £400? Are they asking for a security deposit because you have failed the credit check? They don't need the money to get you rolling, if a security deposit, they would hold it per their t&c's.

I would be wary of allowing a meter change here, [TEXT DELETED BY FORUM TEAM].

In terms of going back 6 years...how can they do that? Until the register as your supplier, they aren't paying the distributor for the supply. So, they think they can take money off your previous suppliers? [TEXT DELETED BY FORUM TEAM]
Give them your bank details and expect to see your money disappearing...

macman

No one can possibly say just from seeing your bill if you have the wrong meter or tariff. To know that would require knowing your home and lifestyle-specifically your method of heating and hot watering.
Checking if you are on the right tariff you can do yourself in 5 minutes on any comp site.
If you are seriously considering handing over £400 to these people for that then you must be crazy.

3191marie

I've looked on there website and they say they never ask for money up front as they are a no win no fee company....and they make there money from the commission from the company ( supplier ) for your custom.
not feeling convident ??? hense the questions.......if i had £400 I would of paid it off the debt.....

macman

So why are you even considering it?
As I said, two minutes on a comp site will answer the question.
The only issue with a 'wrong meter' is whether or not you are on an E7 tariff and if so whether it is appropriate for you. Again, that can be checked via a comp site in 2 minutes once you have your annual kWh figures.
If you are on the 'wrong' tariff then no supplier will give you a retrospective credit-the choice is up to you, and your responsibility.
PS: are you a business user? This company claims to specialise in business utilities-not home consumers.

3191marie

yes its a tanning salon.....average electric bill of £250- £300 a month

macman

Then my comments about E7 obviously do not apply. But no reputable company would ask for a deposit upfront if they are working on a commission basis.
And ask yourself what they would be charging you per month instead.

amoxon

[TEXT DELETED BY FORUM TEAM].....i was emplyoyed by them around 8 weeks ago to contact business and when i started questioning the integrity of what we were doing i was promptly sacked after just working 5 hours

BMPStores

Ok, i have also been recieving calls from this company, again advising my meter is incorrect, and that i would pay a deposit which would be returned to me...what set the alarm bells ringing for me was that they have called me 4 times in 3 days...and each time they say they just want to be sure i understand!!!!

BMPStores

This is the letter i have received
Further to our telephone conversation you asked me to provide you with written details of my proposed solution to your current meter issue, and my proposal for working with you.

The issue is that you are currently on a single tariff and this is resulting in 100% of your usage being charged at ‘On Peak’ rates. We propose to alter your ‘03’ meter and replace it with a fit for use “00” meter. This will open up additional tariff options to you. There are tariffs that have up to 6 different rates; this will save you money in the future as you will be paying lower unit rates at certain times of the day. As a result you will see a significant fall in your electricity bills.

My proposition to you is for us to undertake this work for you; alongside this we will also manage your account for the next 12 months and assist you in all aspects of the management of your electricity supply and usage. I am attaching the details and for this but will also post this information.

From a commercial point of view we have tried to come up with a package that works effectively for you and for us. As I mentioned to you, you are worth around £750 per year in commission from whichever supplier provides your power. My offer is to ultimately provide my account management and meter change within this commission. We ask for a deposit from you to start this process. In your case this would be £350.00. This is then refunded to you in full at the point at which we receive our commissions (from the start of your next contract). This means that ultimately my services are not costing you a penny.

What you guys think?

3191marie

exactly the same letter as I have recieved......also enlosed an invoice for £400, I have spoken to British gas and they have said that they have never heard of the company and that there would be no way they would disclose my bills with anyone and that I have agreed the Tariff I was on......AND the customer advisor could not see them back dating for 6 years