|By PR Newswire||
|October 11, 2012 04:03 AM EDT||
CHESTER, England, October 11, 2012 /PRNewswire/ --
- More than half of Brits said SSE price hike made them think about switching
- A third say a rise in monthly outgoings of £50 or less would push them to financial breaking point
British bill payers have been sparked into action to combat the rising cost of energy. Scottish and Southern Energy (SSE) threw down the gauntlet in August, being the first of the 'Big Six' to hike its gas and electricity prices and with speculation there may be price rises from other providers, people are fighting back, says MoneySupermarket.com.
Britain's number one comparison site conducted a poll of almost 1,700 site users on their reaction to the price hike. Over half (52 per cent) said they would look to switch to a cheaper energy tariff. Of those, 28 per cent had already applied for a new tariff, 11 per cent planned to do so within a week, while another 13 per cent said they would switch providers at some point. Typical savings by using MoneySupermarket to change energy products is £200 - a tidy sum, especially as a tenth of those polled said they aren't tempted to switch to a cheaper deal as they don't think the savings are worth it.
Scott Byrom, Energy channel manager at MoneySupermarket.com said: "It's a bleak outlook for those already stretched to their affordability tipping point by rising household bills. SSE is the only provider to show its hand so far, but unfortunately a round of price hikes now would mean bills increase just in time for the more costly winter months when energy usage is at its highest. Worryingly over a third of the UK adult population (36 per cent) believe a rise in monthly outgoings of £50 or less would push them to financial breaking point. Of these, one in five say they are now sitting on the brink, finding it impossible to meet their monthly bills and costs**. The recent increases to energy bills are certainly going to push some people very close to the limit of what they can afford.
"Anyone hoping to keep their energy bills low in a turbulent energy market should opt for the best value fixed price tariff, currently offered by OVO Energy. Its New Energy Plan product costs £1,088 a year on average with prices fixed for 12 months from your start date. This tariff isn't available in the Scottish Hydro region however, the cheapest provider in this region is SSE. Its Fixed Discount tariff costs £1,149.71 on average with prices fixed until April 2014. While we have not yet hit winter in earnest, the longer, colder nights are certainly drawing in so customers languishing on their provider's standard tariff should act now to ensure they switch onto the best deal in time."
Notes to Editors:
Average, standard and fixed tariffs:
Average Average Saving Standard Fixed vs Provider Tariff Online Tariffs Fixed Tariff Standard British Gas GBP1,240.07 GBP1,120.29 GBP1,299.10 -GBP59.03 Online Variable Fixed Price August 2013 May 2014 EDF Energy GBP1,202.38 N/A GBP1,143.34 GBP59.04 Blue+ Price Promise May 2014 E.ON GBP1,222.65 GBP1,123.71 GBP1,158.74 GBP63.91 Energy Discount Fixed 1 Year npower GBP1,243.48 GBP1,071.71 GBP1,157.00 GBP171.77 Energy Online Go Fix January 2014 January 2014 Scottish Power GBP1,349.42 N/A GBP1,139.98 GBP209.44 Online Fixed Price Energy (April 2014) SSE GBP1,354.20 N/A GBP1,262.20 GBP92.00 (wef Fixed Discount 15.10.2012) December 2014 First Utility N/A GBP1,127.92 N/A - iSave v11 OVO Energy N/A GBP1,088.00 - New energy fixed (not available in Scottish Hydro region) Average GBP1,251.60 GBP1,110.91 GBP1,181.89 GBP89.52
Sourced by http://www.moneysupermarket.com 09.10.2012
* Will the latest energy price hike prompt you to switch to a cheaper deal?
Yes - I have already applied for a new tariff - 27.7%
Yes - I plan to do so in the next week - 11.2%
Yes - I will at some point - 12.6%
No - I'm tied in to my current tariff - 22.1%
No - It's too much hassle - 9.3%
No - The savings aren't worth it - 10.2%
I don't know - 6.9%
Total votes: 1685
** Research conducted by Opinium Research between 13th - 16th July 2012 amongst 2,011 nationally representative adults aged 18+.
Price rises announced by UK energy companies Summer 2011
Electricity Average Gas increase increase Standard Date Date Provider (%) (%) tariff announced effective Scottish Power 19 10 GBP1,391.21 07/06/2011 01/08/2011 British Gas 18 16 GBP1,286.04 08/07/2011 18/08/2011 Scottish and Southern 18 11 GBP1,265.00 21/07/2011 14/09/2011 E.ON 18 11.4 GBP1,254.55 05/08/2011 13/09/2011 npower 16 7.2 GBP1,289.00 16/08/2011 01/10/2011 EDF Energy 15.4 4.5 GBP1,241.00 15/09/2011 10/11/2011 Average 17.4 10 GBP1,287.80
Price decreases announced by UK energy companies January 2012
Gas Electricity Average decrease decrease Standard Date Provider (%) (%) tariff announced Date effective 12th British Gas N/A 5% GBP1,260.56 January Immediately 11th EDF Energy 5% N/A GBP1,202.38 January 7th February 16th E.ON N/A 6% GBP1,222.65 January 27th February 13th npower 5% N/A GBP1,243.48 January 1st February Scottish and 12th Southern 4.5% N/A GBP1,229.95 January 26th March Scottish Power GBP1,391.21 Average 4.8% 5.5% GBP1,258.37
Price rises announced by UK energy companies Summer 2012
Average Gas increase Electricity Standard Date Date Provider (%) increase (%) tariff announced effective SSE 9 9 GBP1,354.20 22/08/2012 15/10/2012 Average 9 9 GBP1,354.20
MoneySupermarket.com compares (at 30th Aug 2012)
- 107 car insurance providers and 82 home insurance providers
- 12 broadband providers and 18 energy providers
- 32 unsecured loan and 6 secured loan providers
- 62 mortgage lenders and 28 credit card providers
- 66 savings providers and 37 current account providers.
- Over 1,200,000 mobile phone deals
We help our customers to save money on all of their household bills by providing a free, easy to use online service so they can compare a wide range of products in one place and find the product most suited to their needs. Our size means we are able to offer our customers exclusive, market-leading deals, including some they can't even get direct from providers.
By having considerable volumes of informed customers actively looking for products and ready to purchase, we offer our providers an efficient and cost effective customer acquisition solution across all of our channels. This enables our providers to target their marketing spend in an effective and completely measurable way.
Our revenue comes predominantly from fees paid to us by product providers when a customer clicks through to their website and actually applies for or purchases a product. It is a success based marketing fee.
Our customer commitment
- We make it easy to find the brands you expect to see
- We strive to ensure a product cannot be found cheaper by going direct
- We let you remain in control of your personal data
- We are independent and impartial
- We make it easy to switch and save
- We strive to always show the most competitive product available
DevOps is all about agility. However, you don't want to be on a high-speed bus to nowhere. The right DevOps approach controls velocity with a tight feedback loop that not only consists of operational data but also incorporates business context. With a business context in the decision making, the right business priorities are incorporated, which results in a higher value creation. In his session at DevOps Summit, Todd Rader, Solutions Architect at AppDynamics, discussed key monitoring techniques...
Nov. 27, 2014 01:30 PM EST Reads: 945
Some developers believe that monitoring is a function of the operations team. Some operations teams firmly believe that monitoring the systems they maintain is sufficient to run the business successfully. Most of them are wrong. The complexity of today's applications have gone far and beyond the capabilities of "traditional" system-level monitoring tools and approaches and requires much broader knowledge of business and applications as a whole. The goal of DevOps is to connect all aspects of app...
Nov. 27, 2014 01:30 PM EST Reads: 696
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Nov. 27, 2014 01:30 PM EST Reads: 351
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
Nov. 27, 2014 01:00 PM EST Reads: 1,574
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
Nov. 27, 2014 01:00 PM EST Reads: 1,601
15th Cloud Expo, which took place Nov. 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, expanded the conference content of @ThingsExpo, Big Data Expo, and DevOps Summit to include two developer events. IBM held a Bluemix Developer Playground on November 5 and ElasticBox held a Hackathon on November 6. Both events took place on the expo floor. The Bluemix Developer Playground, for developers of all levels, highlighted the ease of use of Bluemix, its services and functionalit...
Nov. 27, 2014 01:00 PM EST Reads: 848
Want to enable self-service provisioning of application environments in minutes that mirror production? Can you automatically provide rich data with code-level detail back to the developers when issues occur in production? In his session at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how to accomplish this and more utilizing technologies such as Microsoft Azure, Visual Studio online, and Application Insights in this demo-heavy session.
Nov. 27, 2014 12:45 PM EST Reads: 936
When an enterprise builds a hybrid IaaS cloud connecting its data center to one or more public clouds, security is often a major topic along with the other challenges involved. Security is closely intertwined with the networking choices made for the hybrid cloud. Traditional networking approaches for building a hybrid cloud try to kludge together the enterprise infrastructure with the public cloud. Consequently this approach requires risky, deep "surgery" including changes to firewalls, subnets...
Nov. 27, 2014 12:45 PM EST Reads: 931
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
Nov. 27, 2014 11:00 AM EST Reads: 1,182
SYS-CON Media announced that Centrify, a provider of unified identity management across cloud, mobile and data center environments that delivers single sign-on (SSO) for users and a simplified identity infrastructure for IT, has launched an ad campaign on Cloud Computing Journal. The ads focus on security: how an organization can successfully control privilege for all of the organization’s identities to mitigate identity-related risk without slowing down the business, and how Centrify provides ...
Nov. 27, 2014 10:00 AM EST Reads: 1,269
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrateg...
Nov. 27, 2014 10:00 AM EST Reads: 1,142
"We help companies that are using a lot of Software as a Service. We help companies manage and gain visibility into what people are using inside the company and decide to secure them or use standards to lock down or to embrace the adoption of SaaS inside the company," explained Scott Kriz, Co-founder and CEO of Bitium, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 27, 2014 08:45 AM EST Reads: 1,201
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 27, 2014 08:15 AM EST Reads: 1,253
One of the biggest challenges when developing connected devices is identifying user value and delivering it through successful user experiences. In his session at Internet of @ThingsExpo, Mike Kuniavsky, Principal Scientist, Innovation Services at PARC, described an IoT-specific approach to user experience design that combines approaches from interaction design, industrial design and service design to create experiences that go beyond simple connected gadgets to create lasting, multi-device exp...
Nov. 27, 2014 08:00 AM EST Reads: 1,130
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Nov. 27, 2014 08:00 AM EST Reads: 1,200