Posts Tagged ‘supplier’
Well, currently there are around more than a dozen energy companies operating UK. And, most of them are offering duel fuel (gas & electricity) while remaining ones are dedicated suppliers of either electricity or gas. Talking of electricity, electricity pricing differs with different electricity or energy companies. And, as mentioned before, with presence of more than a dozen leading players in this segment of energy supply, user in UK can easily reduce their spendings on electricity bills by switching their electricity suppliers.
While choosing an best electricity supplier , people usually first consider the electricity pricing. In UK, difference electricity companies have different pricing regimen in place, with some of them charging “standing energy charges”. And, it has been seen that, energy companies having standing energy charges included in their billing, generally offers electricity at lesser per unit cost compared to those which don’t have any standing energy charges in their billing but have higher electricity pricing. Secondly, before getting into an electricity deal, it is much better to have a fair idea of one’s overall electricity usage. And, for getting this information, previous electricity bills are the best options to be looked into.
Apart from this, there are certain other features or benefits which must be confirmed of having mentioned in the electricity deal. These include: 24×7 free customer support, online payment options, online electricity account management, green option (with green option, users get electricity which is partially or completely derived from re-newable sources), discount on choosing duel fuel, average savings, discount on paying electricity bill via direct debit and fixed electricity pricing which is most often called ‘price promise’ (most of the energy companies offer fixed pricing on selected energy products including electricity as well).
Some of the major energy players with operations in electricity supplies are EDF, E-ON, British Gas, npower, Scottish Energy, Utilita, Llyods TSB, Atlantic electricity and gas etc.
A goliath energy supplier E-ON is currently offering a range of features & benefits. These are 8% of duel fuel discount (discount, available on choosing duel fuel and paying via direct debit) on total energy bill, 8% of direct debit discount (discount which can be available on choosing duel fuel and making payment via direct debit) on total energy bill, ease of managing account online and price protection up to 1/10/2010.
Similarly, with npower which is regarded as the dominant electricity supplier of UK has devised a range of attractive offers to woo customers which include: duel fuel discount of up to £100, direct debit discount which again can be up to £100, £20 incentive on going for online billing, green option and average savings of up to £192 on switching to npower.
The same story of features and benefits follows with other mentioned energy players also.
In conclusion, by taking care of just few important things, it’s not that difficult to choose a best electricity supplier, especially in view of their large number of presence.
When changing energy suppliers and looking on web comparison sites all providers “should” be fair and offer their figures in such a way that there is a level playing field. Most do , some dont and these are the one to avoid but if you look here at the winner of the 2009 Which Magazine’s BEST BUY you will get some indication of what to expect. Swapping to a cheaper Gas or Electricity provider is simple and should take no more than 14 days from start to finish. You just choose you new supplier , fill out the forms ( often online ) and its done for you. No one needs to call on your house. Most providers offer no contract so you are not commiting yourself and if you are unhappy you can swap again the following month.. Its really that simple.
Its a bit long winded but all UK suppliers should follow this code :-
The Consumer Focus Confidence Code sets out the minimum requirements that a provider of an
internet domestic gas and electricity Price Comparison Service (Service Provider) must meet in
order to be, and remain, accredited by Consumer Focus.
The Consumer Focus Confidence Code Guidance Notes accompany the Consumer Focus
Confidence Code and state clearly what is expected of each Service Provider under each
Requirement of the Consumer Focus Confidence Code.
Requirement One – Independence and Impartiality
The Service Provider must be independent of any gas or electricity supplier. It can take
commission from suppliers but this must not influence the provision of any information or data.
The Service Provider must clearly identify on its website each supplier with whom the Service
Provider has a commission agreement or from whom it receives any payment, either directly or
indirectly.
Advertisements from energy suppliers, their agents, affiliates, or brands operating under the
licence of a supplier must not be displayed on the Home/Main page or on the energy price
comparison pages of the Service Provider’s website.
Guidance Notes Requirement One
1.. A Service Provider will be considered as being independent from any gas or electricity
supplier where it is not an affiliate or related undertaking of any supplier or of a company
that is an affiliate of any energy supplier.
2.. Where a consumer chooses to search by price, results must be presented strictly in terms of
best price.
3.. A Service Provider must provide impartial advice, not advice that is biased in favour of any
particular gas or electricity supplier. Subject to Guidance Point 2 above, the Service Provider
must not present any information or data in such a way as (in the absolute discretion of
Consumer Focus) is deemed to be, or potentially to be, misleading or confusing to
consumers.
An impartial service shall be regarded as one which neither favours nor is biased against
any particular supplier. A service will be treated as completely impartial only if it is not
intended to operate, and does not have the effect of operating in practice, in a way that
either favours or is biased against any particular supplier.
4.. A Service Provider must clearly identify each supplier from whom it receives a commission /
payment, regardless of whether that payment is made either directly or indirectly by a
supplier, third party or agent. The requirement for clear identification shall be met where
3 the name of the supplier is listed as part of a single list which identifies all suppliers from
whom the Service Provider receives a commission. This single list must be displayed
prominently on, or be accessible from, the price comparison results pages.
5.. Where a consumer cannot automatically switch to his chosen supplier through the Service
Provider’s web-site, the Service Provider must not recommend an alternative supplier.
Requirement Two – Tariffs & Price Comparisons
The Service Provider must use all reasonable endeavours to include price comparisons in
respect of all available domestic tariffs and where applicable for all available payment types, for
licensed suppliers (including for any agents, affiliates, and brands operating under the licence of
a supplier), for gas, electricity and dual fuel, except that the Service Provider is not required to
show:
social tariffs (i.e. tariffs where consumer eligibility is based upon social or financial
circumstances, e.g. receipt of benefits); or
tariffs which the supplier has requested the Service Provider to remove from its web-site; or
tariffs which are available only to consumers in a specified region, to consumers that are not
within that specified region.
Historic tariffs may be included at the discretion of a Service Provider, but where historic tariffs
are not included then this should be stated clearly on the Service Provider’s website.
Service Provider’s should notify Consumer Focus in the event of being asked by an energy
supplier, to remove a tariff for their website, which to the best of that Service Provider’s
knowledge is still available to consumers.
Guidance Notes Requirement Two
1.. Green tariffs must be included. A Green tariff is one that conforms to the guidelines on
green tariffs that shall from time to time be given by Consumer Focus. Green tariffs do not
have to be listed in price order, but where some other methodology for listing them is used
by a Service Provider, this shall be clearly explained on the Service Provider’s web-site.
2.. Historic (or preserved) tariffs are those tariffs that have legacy customers on them but are
no longer available to new customers.
3.. Where gas and electricity tariffs are bundled with the supply of other services (e.g.
telephony), the gas and electricity base prices must be shown separately, with details
provided on the additional components of the tariff. Consumer Focus may review new
bundled type products entering the market, and provide appropriate guidance for displaying
them on the Service Provider’s website.
4 Details of non-cash offers (such as airmiles and supermarket points) should be listed
separately to the gas and electricity base prices.
5.. A Service Provider may include price comparisons for non-standard meters (e.g. Economy 9)
at its discretion.
6.. A Service Provider has responsibility for obtaining, updating and ensuring the accuracy of all
data displayed on its website covering all licensed supplier tariffs (including those of their
agents, affiliates and any associated brands).
7.. If a Service Provider has difficulty obtaining either historical or new tariff information directly
from a supplier, it should contact Consumer Focus for advice.
Requirement Three – Control & Management
The Service Provider must manage and control its price comparison web-site and use its own
tariff database and calculator.
Guidance Notes Requirement Three
1.. A Service Provider will be treated as managing its web-site only where it has full control
over the information content of the web-site and over the presentation of that content.
A Service Provider will be treated as managing the web-site if it has that degree of control,
even where the web-site is maintained by a third party on behalf of the Service Provider.
However, where –
ii.. a web-site is maintained by a third party, and
iiii.. that third party also maintains an energy price comparison service website on behalf
of any other price comparison provider (whether accredited by Consumer Focus or
not),
the Service Provider will be treated as managing the website only where that third party
maintains the website entirely independently of the website of the other provider.
But, in any event, the website may not be maintained by a third party that also manages
another Consumer Focus accredited energy price comparison website.
2.. A Service Provider may make its calculator available to third parties but where it does so
shall ensure that its arrangements with the third party provide that whilst the third party
may state that it uses the Service Provider’s calculator or database and state that the
Service Provider is accredited to the Consumer Focus Confidence Code, the third party must
not use the Confidence Code logo.
Requirement Four – Payment Methods
A Service Provider must provide consumers with an explanation of the following payment
methods:
Standard credit by cash/cheque
Monthly and quarterly direct debit
Prepayment meter
Guidance Notes Requirement Four
There is no accompanying guidance.
Requirement Five – Results & Filters
A price comparison provided to a consumer must list (on a single page) no less than ten of the
cheapest tariffs available in the region where the consumer requires to be supplied. The prices
must include VAT (and state that they do so).
A Service Provider may provide filters so that consumers may search results based on the
different types of tariff available or an energy supplier’s service rating etc, but these must be
opt in options only.
A Service Provider must provide a facility or follow-through page(s) so that consumers have the
ability to view a list of all of their price comparison results.
Guidance Notes Requirement Fiive
1.. A Service Provider must clearly explain the potential impact to consumers who select an opt
in filter, so that consumers are fully aware of the bearing and limitations this may have on
the results.
Requirement Six – Quality of Service & Energy Efficiency
The Service Provider may assign ratings to a supplier’s performance and invite the consumer to
consider quality of service issues, including any such supplier service ratings.
Service Providers must give energy efficiency advice or signpost consumers to other relevant
energy efficiency information or programmes.
Guidance Notes Requirement Six
1.. Where a Service Provider wishes to assign supplier service ratings it shall not do so until and
unless Consumer Focus has reviewed and approved in writing the methodology (to ensure
that the methodology is objective and impartial) being used by the Service Provider to
assign the supplier service ratings. The approved methodology as used by the Service
Provider must be stated clearly to consumers on the website.
2.. A Service Provider must as a minimum provide contact details for the Energy Saving Trust,
as well as informing consumers of the availability of grant schemes such as Warm Front,
Warm Deal (Scotland), the Home Energy Efficiency Scheme (Wales) and the Energy
Efficiency Commitment.
Requirement Seven – Accuracy & Updating Tariffs
Prices and price comparisons must be accurate and state when they were last updated.
7..1 Calculation assumptions
The factors that a Service Provider uses to base its calculations on should include:
discounts for paying by a certain method (e.g. monthly direct debit)
dual fuel discounts
online discounts
compulsory paperless billing discounts
fixed charges (e.g. a fixed monthly membership fee)
discounts that are paid annually (e.g. loyalty discounts)
The factors that a Service Provider uses to base its calculations on should not include:
introductory sign up offers, one-time discounts/special offers or other promotional discounts
that may be for a limited time only;
discounts that depend on the consumer behaving in a certain way (e.g. prompt pay) ;
discounts that apply to other services (e.g. telephony) that a supplier may add to a product
offering;
non-price offers;
discounts that may be offered by the Service Provider for new applications;
Consumer Focus may review any new form of discount and issue Service Providers a formal
direction as to how such discounts should be treated in relation to compliance with the
Confidence Code. The formal direction shall have effect as if it were part of this Guidance.
7..2 Updating tariffs
A Service Provider must use all reasonable endeavours to:
update tariffs;
add tariffs for a new supplier; and
add new tariff information in a manner compliant with the Confidence Code;
as soon as possible, but no later than two working days of the details and confirmation of
the effective date being provided by the relevant energy supplier, or of the tariff being
made available to consumers, whichever is the latter.
A new tariff should not be included on a Service Provider’s website that has a lead time in
excess of six weeks of it being available to consumers.
7..3 Displaying current tariff and spend details
A Service Provider must display the details of a consumer’s current tariff, based on the
information the consumer has entered, that is accessible either within or from its main results
page. These details should include:
Current supplier’s name
Current tariff name
Unit rates and Consumption thresholds
Current payment method
All discounts that are included in the calculation of the consumer’s current tariff
Estimated Current spend (£) per annum
Estimated Current usage in kWh for Gas and or Electricity per annum
Guidance Notes Requirement Seven
1.. A Service Provider must provide consumers with details of recently announced price rises by
supplier’s e.g. average price rises and effective dates and the date that its website and
database has been updated.
2.. A Service Provider must inform Consumer Focus immediately of any unforeseen
circumstance that prevents it from complying with Requirement 7.2. Consumer Focus will
consider each individual case on its own merits and determine whether the Service Provider
has used all reasonable endeavours to comply with the Requirement or is in breach of the
Confidence Code.
3.. Consumer Focus may review any new form of tariff and issue Service Providers a formal
direction as to how such tariff should be treated in relation to compliance with the
Confidence Code. The formal direction shall have effect as if it were part of this Guidance.
Requirement Eight – Annual Audit
The Service Provider must comply with an annual audit undertaken by an auditor appointed by
Consumer Focus. The cost of each audit will be borne by the Service Provider.
Guidance Notes Requirement Eight
1.. The Service Provider must provide the auditor with the access to its premises and to its
systems, and all other assistance, that he reasonably requests.
Requirement Nine – Complaint Handling
The Service Provider must establish and operate an effective consumer complaint and enquiry
handling procedure and respond to any complaint or enquiry within seven working days of
receipt.
Guidance Notes Requirement Nine
1.. A Service Provider must provide Consumer Focus with a contact name and number for
complaint referrals that Consumer Focus receives in respect of the Service Provider.
2.. A Service Provider must respond to a referred complaint by Consumer Focus within seven
working days and copy Consumer Focus into any response.