Cost of living crisis

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alf git
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Re: Cost of living crisis

Post by alf git »

MaylandHammer wrote: Fri May 05, 2023 12:40 pm Has anybody here used the services of a company called Utility Warehouse ?

My nephew keeps badgering me & reckons he can save me loads on utilities/broadband/mobiles etc, but sounds too good to be true & whilst I dont mind throwing him a bone if it's legit, equally I dont want to get sucked in to something not quite right.

Many thanks in advance :thup:
They've always come across as some kind of weird pyramid scheme to me .
Their home services division was recently acquired by a firm i used to work for. Don't know whether that's good or bad.
MaylandHammer
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Re: Cost of living crisis

Post by MaylandHammer »

alf git wrote: Fri May 05, 2023 4:10 pm They've always come across as some kind of weird pyramid scheme to me .
Their home services division was recently acquired by a firm i used to work for. Don't know whether that's good or bad.
I kind of get where you’re coming from.

I’m going to find out and will post the results if anybody was interested
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EvilC
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Re: Cost of living crisis

Post by EvilC »

Is the pricing with UW clear?I think you need to buy more than one product from them.
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Re: Cost of living crisis

Post by bubbles1966 »

@EvilC

Am I reading the TTF price correctly at the moment - down from a peak of nearly €340 per unit in Aug to €36 now? Not that far north of 2018 prices? Same trajectory on the UK market.

If this lasts, shouldn't it result in a huge reduction and an almost total reversal in the retail price within the next year?
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Re: Cost of living crisis

Post by the pink palermo »

I use UW.

The more services you buy, the more you save.

The energy element shows all the detailed costs on your bill.

Been with them about 4 years now, no issues, good value.
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Re: Cost of living crisis

Post by EvilC »

bubbles1966 wrote: Sat May 06, 2023 1:07 pm @EvilC

Am I reading the TTF price correctly at the moment - down from a peak of nearly €340 per unit in Aug to €36 now? Not that far north of 2018 prices? Same trajectory on the UK market.

If this lasts, shouldn't it result in a huge reduction and an almost total reversal in the retail price within the next year?
Yes, TTF is trading at €35 for the summer months. However thys still rather high vs historic measures. Also, more importantly, the winter months are trading around €55 (vs a price 2 years ago of €20ish), and these are the important ones as usage is weighted towards winter.

TTF is a decent proxy for NBP (UK gas).

I'm not sure what this translates to in terms of domestic bills but at a guess around the £2k or a bit below for an average household seems about right. Whilst prices are relatively benign now they could easily explode if weather conditions result in big demand shifts.
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Re: Cost of living crisis

Post by MaylandHammer »

I had the conversation with my nephew about transferring services to Utility Warehouse & I would say that for half an hour of my time the overall savings were excellent.

I have standard gas & electric tariff with EDF on monthly direct debit + sky broadband (top one) + 3 mobiles with sky & he was able to save approx £400 per annum, plus an additional £150 bonus (£75 bonus per service, maximum 2 services).

It can be a little confusing if you try to compare each specific service as individually some of the services can be more expensive, but as Mr Palermo pointed out above, the savings are made by having more services & bundling them together.

Hope that helps anyone & thanks for all your help & feedback :newthumb:
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Re: Cost of living crisis

Post by Johnny Byrne's Boots »

MaylandHammer
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Re: Cost of living crisis

Post by MaylandHammer »

Just received the latest water bills (we have 2 for some unknown reason, 1 with Anglian Water & 1 with Essex & Suffolk Water).

Anglian has gone up by 24% (£31 per month, from £25) & Essex has gone up by 39% (£25 per month, from £18)

Combined increase = 30%

Am I missing something here, the robbing c units !!
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Re: Cost of living crisis

Post by EvilC »

Mayland - one will be sewage and the other tap water. It isn't uncommon (we have Thames for sewage and South East for tap water).
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Re: Cost of living crisis

Post by chelmsfordhammer91 »

Yeah ours is Anglian water for sewage, and E&S water for water.

Your sewage is usually worked out usage wise as 80%(?) of your water usage.
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Re: Cost of living crisis

Post by MaylandHammer »

chelmsfordhammer91 wrote: Fri May 12, 2023 4:24 pm Yeah ours is Anglian water for sewage, and E&S water for water.

Your sewage is usually worked out usage wise as 80%(?) of your water usage.
Cheers, but it was more a statement about the 30% overall increase. They even have the cheek to say in the bill, & I quote "Why have utility bills gone up ? - Water bills usually rise partly in line with inflation"

So are we at 30-40% inflation now !!!
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Re: Cost of living crisis

Post by alf git »

MaylandHammer wrote: Fri May 12, 2023 3:43 pm Just received the latest water bills (we have 2 for some unknown reason, 1 with Anglian Water & 1 with Essex & Suffolk Water).

Anglian has gone up by 24% (£31 per month, from £25) & Essex has gone up by 39% (£25 per month, from £18)

Combined increase = 30%

Am I missing something here, the robbing c units !!
We're paying the fines that Anglian keeps getting.
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Re: Cost of living crisis

Post by YorksHammer »

Petrol near me at 139.9p a litre yesterday - can't remember the last time I saw it below 140. Has been holding steady at 142.9/143.9 recently.
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Re: Cost of living crisis

Post by Essexmaniac »

£139.9 Asda about 5 miles from me.
£138.9 Shell about 3 miles away.
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Re: Cost of living crisis

Post by Jonah »

Might have to go and fill up for the second time this year!
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Re: Cost of living crisis

Post by jastons »

138.0 at Sainsbury yesterday. More relevant for me is 145 for Diesel at Morrisons.
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Re: Cost of living crisis

Post by Junco Partner »

Anglican Water's owners = Colonial First State Global Asset Management (Australia) IFM Investors (Australia) and 3i (UK), Abu Dhabi Investment Authority and the Canadian Pension Plan Investment Board, a pension fund owned by the Canadian state. The shareholders got a £92m dividend payout last year.

Our bills go higher and leaks go unfixed to pay Canadian pensioners.
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Re: Cost of living crisis

Post by The Old Man of Storr »

YorksHammer wrote: Sat May 13, 2023 7:42 am Petrol near me at 139.9p a litre yesterday - can't remember the last time I saw it below 140. Has been holding steady at 142.9/143.9 recently.

£138.9 at both Tesco and Asda Inverness yesterday , had to pass both Supermarkets on the way to Raigmore in case you think I'm some sort of price geek - money to melt me .


£1.55 at Inverinate though .


The Co-op on Skye get subsidised by the Scottish Government but I'm pretty sure they weren't any lower than Asda - Asda almost always has the cheapest fuel - problem is , they're over 100 miles away from where we live .
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Re: Cost of living crisis

Post by wolf359 »

YorksHammer wrote: Sat May 13, 2023 7:42 am Petrol near me at 139.9p a litre yesterday - can't remember the last time I saw it below 140. Has been holding steady at 142.9/143.9 recently.
136.9 in Hindley (Wigan) been 137.9 for a while Diesel is still well over £1.50. Come to Wigan they have pies and (slightly) cheaper petrol.

(actually don't you'll regret it)
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