Independent energy supplier launches cheapest energy tariff on the market

An independent energy supplier has just launched what it claims to be the cheapest tariff on the market, a recent news report has been able to reveal.

The new iSave Fixed v44 March 2016 dual fuel tariff from First Utility costs an average of £919 a year — fixed until after 2015/2016 — and is available to both new and existing customers.

Chief Customer Officer Ed Kamm said: "We are committed to offering the best energy deals and engaging our customers to ensure they are on the best tariff for them. That's why we've continually dropped the prices of our cheapest tariffs this year as wholesale prices fall."

Earlier this week E.ON also introduced a one-year, dual fuel fixed tariff with an average annual price of £923 and reduced gas prices by 3.5%.

The alternative to just waiting for a better tariff is to adopt the clever HeatingSave central heating management system which raises its efficiency by a quarter and thus gives big savings, while having a quick 'payback' period.

A key feature of HeatingSave is how it automatically adjusts the boiler temperature depending upon the outside temperature, using the smallest amount of fuel to keep a building warm. Among its other features are its ability to accurately watch the climbing room temperature and switches off the heat, using the residual heat within the boiler, to reach the correct room temperature. Thermostats cannot do this.

Connect our infra-red occupancy detectors to the HeatingSave system and the heating will automatically turn itself down when nobody is at home but automatically turn up the heating when you arrive home and need it. For small to medium sized businesses the saving here can be enormous as the building is only heated when people are about. A HeatingSave system often pays for itself in less than a year.