Fuse Energy



New UK energy supplier launched offering “cheapest electricity tariff”
Fuse Energy, co-founded by ex-Revolut executives, enjoys backing from former Formula One driver Nico Rosberg and guidance from a former Ofgem boss
https://find-and-update.company-information.service.gov.uk/company/08469701
https://www.ofgem.gov.uk/energy-policy-and-regulation/companies/fuse-energy-supply-limited
Comments
-
'...guidance from a former Ofgem boss.'What could possibly go wrong?1
-
Not impressed. You can't even get a quotation without installing the app and revealing your date of birth, and they don't support Economy 7 or other multi-rate meters.
0 -
What has your date of birth got to do with electricity tariffs ?Never pay on an estimated bill2
-
Robin9 said:What has your date of birth got to do with electricity tariffs ?
0 -
Gerry1 said:'...guidance from a former Ofgem boss.'What could possibly go wrong?1
-
If the following is true then Fuse appears to be offering a more innovative package than other energy suppliers.
’ Enter UK-based Tesseract which aims to decentralise the right to power by delivering clean, cheap electricity to consumers and help solve climate change. Founded in 2022 by Revolut alumni Alan Changand Charles Orr, the platform cuts out the middlemen of the energy market by owning renewable generator assets and selling directly to consumers, delivering cheaper bills.The company claims that instead of installing expensive solar panels, customers can now buy a ‘virtual’ solar panel or wind turbine on the app which could cut their bill by as much as 100% and allow them to capitalise on selling the excess energy.
For doing so, the energy company has raised $78 million in funding to fix the broken energy sector. The funding will allow the startup to buy and build selected renewable energy assets and support the development of its platform. ‘
Source: Tech EU
That said, I am not sure that all their claims about renewables and selling directly to consumers can be taken at face value.
0 -
Gerry1 said:Not impressed. You can't even get a quotation without installing the app and revealing your date of birth, and they don't support Economy 7 or other multi-rate meters.
N. Hampshire, he/him. Octopus Go elec & Tracker gas / Shell BB / Lyca mobi. Ripple Kirk Hill member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 30MWh generated, long-term average 2.6 Os.1 -
Gerry1 said:Robin9 said:What has your date of birth got to do with electricity tariffs ?0
-
The Solar version of owning a piece of a farm is a very poor investment compared to wind, see Ripple thread.
You loose the direct self consumption benefit 33p import vs the 15p the farm will sell it at, making the wind power is far cheaper per kwh than solar.
Stylus code to change the forum look./* ==UserStyle==@name forums.moneysavingexpert.com - 13/07/2023, 03:37:11@namespace github.com/openstyles/stylus@version 1.0.0@description A new userstyle@author Me==/UserStyle== */@-moz-document domain("forums.moneysavingexpert.com") { /* ------- 13th july 2023 ------- */ .css-1pv9k2p-ListItem-styles-actionsContainer { border:0px; background: #e8c9c9 !important; } .css-1ng1r9r-Banner-styles-middleContainer , .css-1jonnwa-Banner-styles-middleContainer { border:0px; background: #dedede !important; } .vanillaCompatBodyBg , .css-1rq3t41-fullBackground-fullBackground { border:0px; color:#dedede; background: #dedede !important; } .css-1k2nl1v-container-container-container-fullGutter-container-fullGutter-TitleBarMegaMenu-styles-container.css-1k2nl1v-container-container-container-fullGutter-container-fullGutter-TitleBarMegaMenu-styles-container { border:0px; color:#dedede; background: #dedede !important; } .Message.userContent{ line-height:1.2 !important; } .Reactions { right:250px ;left:380px !important; }.b, .h3, .h4, .h5, .h6, .strong{ font-weight:normal !important; } .Frame-body , .Frame-top, .MessageList, .DataList, .Comments ,.pageBox { border:0px; color:#dedede; background: #dedede !important; } .MessageForm.CommentForm.FormTitleWrapper.Role_ForumiteCommentFormWrap.pageBox, .MessageList.DataList.Comments.pageBox.MessageList.Discussion{ border:0px; color:#dedede; background: #dedede !important; } .userConten , body.Discussion .Item-Header.CommentHeader{ border:0px; color:#dedede; background: #dedede !important; } .Item-Header, .CommentHeader , .body.Discussion , .Item-Header ,.DiscussionHeader, body , .Discussion , .Item-Header , .CommentHeader{ border:3px; color:#dedede; background-color:#dedede !important; } item, .Item-BodyWrap , .item.BodyWrap, .Item-Body, .Frame-content{ border:0; color:#dedede; background: #dedede !important; }.Item-Header ,.DiscussionHeader ,.Discussion ,.pageBox{ border:30px; color:#dedede !important; }.blockquote , .blockquote.Quote.blockquote{ border:0; color:#3a3a3a; background: #e6e3e3 !important; }.Frame-contentWrap, .Frame-row , .pageBoxNoCompat , .css-igray9-PageBox-boxClasspageBoxNoCompat , .css-igray9-PageBox-boxClass ,.css-igray9-PageBox-boxClass::after{ border:0; color:#dedede; background: #dedede !important; } /* ------- main board clock text ------- */.h1 .Gloss{ color: #dedede !important; }.li, .pageBoxNoCompat ,.css-l6f6wn-PageBox-boxClass-ListItem-styles-listInTab{ border:0; color:#dedede; background: #dedede !important; } .css-igray9-PageBox-boxClass{ height:67px !important; } .css-1ovwar1-Banner-styles-description { color:#282828 ; text-shadow:none !important; } .a, .p, .span { font:#3f3f3f !important; }.Rank, .MItem, .forumite{ border:10px; color:#dedede; background: #dedede !important; }.span { border:0; color:#dedede; background: #dedede !important; }.div{ border:0; color:#dedede; background: #dedede !important; }.Frame-row.PageTitle.pageHeadingBox.isLarge.pageBox{ border:0; color:#dedede; background: #dedede !important; }.Forumite, .b{ border:0; color:#dedede; background: #dedede !important; }Meta, .CommentMeta.CommentInfo{ font-weight:normal ; border:0; color:#dedede; background: #dedede !important; }/* ------- page width ------- */.Comment , .Container , .Frame-content, .Frame-contentWrap , .MainContent{ width:97% ; padding-left:25px ; border-left:100px ; color:#dedede; background: #dedede !important; }.PageTitle ,.pageHeadingBox ,.isLarge{ font-weight:normal ; border:0; color:#dedede; background: #dedede !important; } /* ------- floating Button ------- */.css-mjsxlw-newPostMenuStyles-root .newpost-9-button , .css-1q2k69g-newPostMenuStyles-fab ,.css-1t3vax8-newPostMenuStyles-fabFocus{ color:#d7d7d7 ; background: #d7d7d7 !important; }/* ------- july 2023 update end ------- */ }
0 -
QrizB said:Gerry1 said:Not impressed. You can't even get a quotation without installing the app and revealing your date of birth, and they don't support Economy 7 or other multi-rate meters.
1
Categories
- All Categories
- 338.9K Banking & Borrowing
- 248.7K Reduce Debt & Boost Income
- 447.6K Spending & Discounts
- 230.8K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 171.1K Life & Family
- 244K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards