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Posts Tagged ‘Energy Comparison’

Domestic Energy Renewal Catch

January 25, 2012 Leave a comment

Switching energy providers should save you £££’s. In fact, only last week, on ‘Rip-Off Britain‘, they claimed that if we all switched, then UK homes could save around £3bn!!! That’s quite a saving and yet many people still don’t do this. This same also applies to businesses.

Although we could save by switching, there is one slight catch. Typical I hear you cry!

Domestically, if you are in a 1 year fixed contract, you will receive your renewal letter (informing you that your tariff is coming to an end) approximately 4 weeks before the end date (renewal date). The 4 weeks prior, notice letter, is in effect your ‘Termination’ notice and is standard (or should be).

Now you have 3 possible options:

  1. Do Nothing – which means that you’ll automatically roll onto the quoted rates in your renewal letter, which will be higher than any fixed rates. They will also be subject to market changes (up & down).
  2. Stay with your current supplier and arrange a better deal than the one they initial quoted (probably a fixed term/price tariff).
  3. Compare & switch using a comparison site (or do it all yourself).

As this article is entitled ‘Renewal Catch’, I’ll focus on point 3.

So you receive your renewal letter 4 weeks before the end date. You hit that computer for a comparison site, find a good deal and proceed to switch. Excellent…well, not quite.

You see, you now assume that come the end date, your new rates will automatically take effect then. In the UK, it takes between 4-6 weeks for the authorities to switch over from one supplier to another. You’ve probably seen the problem. There could be 2 weeks whereby, well…what happens? What rates do I pay?

The truth is, that if you switch right away, it may take 6 weeks for it to go through, in which time for those extra 2 weeks, you would have been paying ‘out of contract standard rates’ which are higher than fixed and subject to market changes.

So what should you do? As it takes an age to switch in the UK domestic market, I suggest that you keep track of your end date, by placing a reminder in your diary, computer calendar, mobile…etc, for somewhere in the region of 6-8 weeks prior to your end date. This way, you shouldn’t get caught in this corridor of uncertainty and end up paying those unforseen higher rates.

To compare your rates, use our comparison site (Tip: do find out your annual consumption and use this figure, not monthly spend)

For your free business energy quote & switch, contact U-GET Consultancy Services

Just another sales call?

April 27, 2011 Leave a comment

We all turn our noses up when we get that cold-call from a sales rep trying their damndest to sell us their product/service. At the end of the day, they are simply carving out a career and a living to-boot.

Most businesses need sales, to enhance their own service and/or product, so why do we all dismiss their approach. Could we not afford them the courteousy to at least listen to what they are offering? Not all sales calls are for a product you’ll never use. You just never know, if that call which you put the phone down on, could in fact have lost you a great opportunity or even savings.

I mentioned that most businesses require sales. Think about it for a second! A local high street shop sells a brand new, great product. They can self-promote it – which will cost them. How about customers referring and recommending it to their friends. This is networking, or ‘sales’ if you like. Without it, you wouldn’t be gaining new customers, getting that extra income.

So as you see, sales is needed by all businesses. Returning to the cold-call sales, by hanging-up on these people, could you have just lost a lot of money? Yes, it’s fair to say that certain sales calls want to sell you something that you have, or will never have a need for. Others will want to sell you a better service or product than your existing one, whilst some will want you to use their service and not even charge you for it!

My business (U-GET), fits into this last category, however, to the potential client all they hear is ‘sales’. What does he want me to buy from him? How much will it cost me? I get so many of these calls a week and they’re all the same.

Wrong!

If they took the time to listen with an openmind, they would realise that potentially, I could save them £££’s and that to investigate this I wouldn’t charge them a penny. On top of this, it’s a no-obligation service, so even by presenting them with our findings, they do not have to proceed with it.

So I ask you, can I therefore be classed as a sales person, when in fact my client won’t be charged?

How can I stand out from the ‘typically percieved’ sales person.

  • I’m not costing you a penny
  • I am saving you valuable time
  • I’m auditing your energy bills to understand your current situation (which many have no idea about)
  • I am then attaining new rates and hopefully, savings.

All-in-all, surely it’s a ‘Win-Win’ scenario.

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