Saving money on fuel bills may be a rare New Year’s resolution, but Manchester City Council are urging residents to use their ‘people power’ and save up to £250.
Homeowners are being encouraged to join a ground-breaking group energy switch scheme and stimulate massive reductions in the cost of heating their home.
The initiative is being launched today and is similar to a successful project by Oldham Council that helped more than 8,000 residents slash their annual bills by garnering cheaper electric and gas deals from energy companies.
Sir Richard Leese, leader of Manchester City Council and chairman of the Greater Manchester Low Carbon Hub, said: “There are more than 200,000 households in Manchester who are in fuel poverty, struggling to heat their homes this winter, and this switching scheme will make a huge difference to the lives of residents by enabling them to knock hundreds off their household bills.
“The more people who come forward, the more they could save from their fuel bills, and residents don’t even have to accept the offer so they have literally nothing to lose by registering.”
Under the scheme, the group enters a ‘reverse auction’ and gets a cheaper deal together on gas and electricity from energy companies.
Residents just need to produce a copy of their current energy bill to register an interest before the scheme closes on January 28, and anyone who enters will receive an offer for a new rate which they do not have to accept.
The scheme is also open to residents who use pre-payment meters.
Although the scheme will be targeted directly at people living in Greater Manchester, it will be open to anyone in the UK to join.
“Energy switching is still relatively new in the UK, but in many parts of Europe it is now common practice, and I believe this scheme will demonstrate once again how this makes a lot of sense for anyone who doesn’t like paying over the odds to keep warm,” Sir Richard added.
To register your interest in the collective bulk buy scheme visit www.gmfairenergy.com or call 0800 009 3363.