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Syndicate our News
Energylinx UK Energy Industry News Service
December 12, 2005
Zest4 new electricity prices for new customers
As of today, 12th December 2005, Zest4 has taken steps to reduce the number of new customers they acquire. By increasing their electricity prices for new customers to a level where they are no longer competitive they will be able to effectively stop new customer sign-ups.
Zest4 has issued the following statement:
Since the beginning of October, wholesale electricity prices have risen by 150%. This extraordinary event has come about because over 33% of the UK's electricity is generated using gas - which has also seen a massive price increase of around 400%. The unusually cold and early winter has caught the UK by surprise resulting in a shortage of gas.
As a result, ZEST4 have no choice but to to dramatically reduce the number of new customers we acquire over the next few months. The only way we can do this is by increasing our electricity prices (for new customers only) to such a level that we are no longer competitive.
This is a short term fix, and we will review and reduce our prices again once the wholesale price of energy has stabilised. If you are currently in the process of switching to ZEST4, or are already a customer, these new tariffs do not affect you. We will continue to work to ensure that we remain the cheapest supplier for our existing customers.
Existing customers are currently unaffected by this increase so care should be taken when comparing prices and ensure that you are comparing the correct electricity tariff.
If you wish to carry out an online comparison to see how these changes will affect new customers feel free to use the following calculators.
If you do not have access to the internet call Energylinx on 0845 225 2840 and we will send you a free detailed personal energy quote:
These Energylinx calculators are unique in that they allow you to compare the prices of all energy suppliers.
Energylinx will arrange the whole transfer process for you, including notifying your existing supplier of any planned change and tracking the transfer to ensure that it occurs on time and accurately. Energylinx provides its services completely free of charge to the domestic consumer.
Posted by energylinx at 03:29 PM Technorati: Energy Prices
Utilita customers transfer to EDF Energy
Just over 4,500 residential gas and electricity customers supplied by the energy company Utilita are in the process of being transferred to EDF Energy for their gas and or electricity supplies.
Utilita is a small energy company that has been operating since October 2004, focussing mainly on Energy Efficiency. Due to the exceptionally high prices of wholesale fuel, Utilita is no longer able to support these customers.
Existing Utilita customers will be transferred to the EDF Energy brand, both in area and out-of-area.
When and how is this happening?
Electricity accounts will be transferred to EDF Energy on the 10th December 2005, and existing Utilita gas accounts on the 17th December 2005
Utilita wrote to customers on 7th December providing details of this arrangement and the transfer of customers to EDF Energy.
EDF Energy wrote to those customers affected on 8th and 9th December 2005 informing them of the transfer dates, the EDF range of products available, and giving them notice of a price change.
In the letters EDF Energy also made the new customers aware of the opportunity to join the Nectar scheme, how to request for an opening meter read and how to set up direct debit mandates.
Customers with any queries regarding their final Utilita bills, rebates, or any other issue with previous Utilita accounts, should continue to contact Utilita directly on: 0845 450 4357.
If you wish to carry out an online comparison to see how these changes may affect you feel free to use the following calculators.
If you do not have access to the internet call Energylinx on 0845 225 2840 and we will send you a free detailed personal energy quote:
These Energylinx calculators are unique in that they allow you to compare the prices of all energy suppliers.
Energylinx will arrange the whole transfer process for you, including notifying your existing supplier of any planned change and tracking the transfer to ensure that it occurs on time and accurately. Energylinx provides its services completely free of charge to the domestic consumer.
Posted by energylinx at 01:01 PM Technorati: Energy Prices
