first:utility launches new price promise

: Following the launch of its iSave Everyday tariff last week, supplier first:utility is releasing a new price promise regarding the tariff.

first:utility has pledged that the "iSave Everyday will be cheaper than the lowest price 'Big 6 Standard Tariff' at the National Average". In effect, the first:utility Price Promise means that the supplier will guarantee that all iSave Everyday customer prices will be cheaper than the standard rate tariffs of the UK's Big Six energy suppliers. These tariffs include: British Gas' Clear and Simple, E.ON Energy's Energy Plan, ScottishPower's Standard, npower's Standard no standing charge, EDF Energy's Standard (Variable) and SSE's Standard Energy. 

On a weekly basis, first:utility will now compare its iSave Everyday prices against the six aforementioned tariffs - based upon the average UK consumption rate of 3,300kWh of electricity and 16,500kWh of gas per year. If the cheapest average bill value based upon the average usage of any of these tariffs falls below the iSave Everyday, first:utility now promises to reduce their tariff to be lower than that average bill value within 60 days of their customers' next Billing Cycle.

The iSave Everyday is a variable rate tariff available in duel fuel or electric-only. The iSave Everyday also features a standing charge, but has no early termination fees should a customer wish to switch tariffs prior to the end of their contract date. iSave Everyday bills must be viewed online, and payment should be made via Monthly Direct Debit. That said, customers may also pay by Quarterly Direct Debit or Pay on Receipt of Bill at an additional charge. The iSave Everyday is not a available to customers whose gas is supplied via an Independent Gas Transporter (IGT) network, or those who have an Economy 7 meter or a de-energised MPAN or MPRN.

Launched in 2008, Warwick-based first:utility is a member of the First Telecom family, and is the UK's 7th largest energy supplier. first:utility consistently reiterates its commitment to transparency towards customers, and was amongst the first UK energy suppliers to begin providing customers with smart meter systems.

Check out the new tariff and all the other UK tariffs at http://www.getmecheapbills.com

(Info from Energylinks)