Call Juswant on 07917 105134 or e-mail on juswant.rai@gmail.com Be part of that rare 5% who take action now!

Thursday, September 11, 2008

Mark Owen-Lloyd, head of power trading at E.ON, said: "It'll make more money for us.


An executive at energy firm E.On has sparked anger after saying that the continued high gas and electricity prices would mean "more money for us".

Mark Owen-Lloyd made the comment during a presentation at a seminar run by energy regulator Ofgem looking at the impact of a cold winter on fuel bills.

The firm, which made £877m profit last year apologised unreservedly and said it was investigating.

Prime Minister Gordon Brown said the comments were "inappropriate."

"I think everybody is against people making remarks like that, and I'm pleased that there has now been a full and comprehensive apology," Mr Brown added.

Labour MP Roger Godsiff said the gaffe showed the firm's "contempt" for customers.


>>>> Save £606 A Year On Bills You Have To Pay <<<<

Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....


Labels: , , , ,

Friday, August 29, 2008

Scottish Power & NPower follow Suit!

Scottish Power has raised it's gas prices by an average of 34% and electricity price by 9 from Monday September 1st.

NPower is doing the same as of today with gas up an average 26% and electricity 14%

The follows close on the heels of E.On, British Gas, EdF and Scottish and Southern Energy.

Why is Utility Warehouse different?

Utility Warehouse is not just a Energy company it's a multi-service company
Utility Warehouse has a Triple Price Guarantee and very competitive Rates
Utility Warehouse has award winning customer service
Utility Warehouse is an awesome company and a outstanding business opportunity


Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

Labels: , , , , , , , ,

Friday, August 22, 2008

Do Price Comparison Sites Work?


Jeff Howell on the rigmarole of using energy comparison services

One of the most confusing things about the privatisation of the public utilities is that we are now all obliged to choose which energy supplier we buy our electricity and gas from. The energy market has been "opened up to competition", and consumer choice is now the name of the game. Most people would prefer a quiet life; to stick with the electricity and gas suppliers they have always had and hope to be given a fair deal. But in the brave new world of consumer choice, this is no longer an option. The half of all energy customers who have stayed with their original suppliers (British Gas and the local electricity company) are reckoned to be paying 20 to 30 per cent more than those who have switched. Energy suppliers, like banks, offer their best rates to new customers, and loyalty seems to be rewarded by being fleeced.

The recommended way to switch suppliers is to use the internet (although readers without internet access can still avail themselves of a good switching service, using a freephone telephone number - see below). The problem with the many website comparison services, however, is that they make their money from the energy companies, who pay them commission fees (from £20 to £50 a time) to deliver new customers. They rarely point this out, and if they do, it is usually in the very small print, or on an obscure separate page of the website, accessed only by clicking on a special link.

So when an energy-comparison website claims to be independent and impartial, it is possible that this is not entirely true, and that it has a financial incentive to direct you to switch to the energy provider that pays it the most commission. The result is that if you type your postcode and energy consumption details into three or four comparison websites, you might well find that you come up with three or four different recommendations, with each of the energy companies in question allegedly offering the best deal each time.

Which energy provider is cheapest for you depends on a number of factors, including location (postcode), energy consumption and method of payment. But it is clear that not all of the websites list all of the available providers.

For example, for most medium-use customers who pay by monthly direct debit, the cheapest electricity and gas is likely to be from Utility Warehouse, but some of the switching services do not list the company. They say this is because Utility Warehouse has an agent-based recruiting network, and does not provide them with its latest price tariffs. Utility Warehouse says it is because it refuses to pay them commission. Similarly, for low energy users who prefer to pay quarterly by cheque, Equipower/Equigas is likely to be the best option, but this company also is not listed by all the comparison services.

Even when two of the websites agree on the names of the cheapest energy providers, they are unlikely to give the same figures for the estimated savings to be gained from switching to them. The whole system is baffling. Maybe it is designed to be so. After all, what would be the point of providing choice, if there were only one obvious answer?


Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....




Labels: , ,

Thursday, August 21, 2008

Scottish & Southern Energy and E.ON customers to pay more for gas

Customers of Scottish & Southern Energy and E.ON are to pay more for their gas and electricity.

Scottish & Southern Energy is to increase its gas prices for residential customers by 29.2pc and power by 19.2pc from Monday.

The announcement comes four hours after rival E.ON raised gas prices 26pc and electricity by 16pc for four million customers.

Both companies blamed soaring wholesale energy prices over the past year.

German owned E.ON has around 5.5m customers in Britain but more than a quarter are not affected because they are covered by price protection schemes.

E.ON cites a 51pc rise in wholesale prices since January as the reason for the latest increase in bills. Falling oil prices have raised hopes that a further jump would provide some relief but the Norwegian pipeline setback is raising doubts.

Wholesale gas and electricity prices have risen sharply in the last two days following a leak in a Norwegian gas pipeline that could reduce supplies to Britain this winter. Unless they fall again fuel bills may rise further as a result.

Graham Bartlett, managing director of E.ON's retail business, said: "I'm very aware of the effect that today's announcement will have on our customers and I recognise that this is a very tough time for everyone.

"This was not an easy decision to take and we've tried to keep these increases as low as possible while protecting as many customers as we can."

E.ON estimates the typical customer buying both gas and electricity from the company will pay an extra 62p a day but claims they could still save £58 a year compared with British Gas tariffs.

New schemes being introduced by the company to avoid a drift of customers include capping prices until July 2010 and a free energy saving monitor to help customers track their electricity consumption.

E.ON is the third large utility in Britain to raise its household energy prices for the second time this year in response to soaring wholesale energy prices.

French supplier EDF Energy was the first to increase its prices for the second time this year when it put up its gas prices by 22pc and power by 17pc in late July.

British Gas owner Centrica raised its gas prices by 35pc and electricity by 9pc less than a week later and more big bill increases are expected before winter.

Alistair Phillips-Davies, Energy Supply Director of Scottish & Southern Energy, said: "Global demand for all types of energy has risen steeply and supplies of finite resources like oil and gas are under intense pressure,"

The increases will not apply to customers on SSE's social tariff, energyplus care, until the end of the forthcoming winter period at the earliest, the company said.


Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

Labels: , , , ,

Now another blow: Families face 14% gas price hike after major pipeline leak


Families face even higher energy bills this winter following a massive rise in the price of gas.

A leak in a key Norwegian pipeline has sent the wholesale price of supplies to the UK soaring by 14 per cent, raising fears of winter shortages.

The firm in charge of the North Sea pipeline said it could be shut down until next spring.

The news will come as another major blow to cash-strapped households, who have suffered big rises in food and energy bills over the past year.

British Gas recently announced another 35 per cent increase, with rival EDF upping bills by as much as 22 per cent.

The latest price jump underscores Britain's growing dependence on overseas gas suppliers as North Sea reserves dwindle.

About 40 per cent of the gas used here will be imported this year, up from 27 per cent in 2007.

The UK is highly exposed to even the smallest supply disruptions because it lacks adequate storage, with only 13 days of stocks compared to 99 in Germany and 122 in France.

Experts warned that unless wholesale prices fall soon, major suppliers will be forced to put up their charges again.

Analyst David Hunter, of energy consultancy McKinnon&Clarke, said: 'The amount of gas available for export from Norway will be cut significantly. The UK will be left to negotiate with Russia and the Far East or risk running low on energy.'

The prospect of another rise in bills will provoke anger as energy companies are currently posting record profits on the back of increases in the price of crude oil.

British gas owner Centrica saw profits at its gas fields in the North Sea rise from £123million to £638million in the last six months, while its gas supply arm brought in a profit of £992million.


Meanwhile, the average British Gas 'dual fuel' bill - for both gas and electricity - is already above £1,300 a year. This is up by more than £400 since January.

A spokesman for watchdog Energywatch warned last night: 'There'll be no respite for consumers from higher energy bills.

'For the four suppliers who haven't raised prices for the second time this year (nPower, E.on, Scottish&Southern Energy and Scottish Power) it's now a matter of how much they will increase bills and when.'

While Centrica and its rivals are cashing in from household bills, more and more Britons are falling into fuel poverty, which is defined as spending over ten per cent of disposable income on heat and light.

There are already an estimated 4.5million in fuel poverty, but the figure is expected to rise by at least a million this winter.

'UK consumers really could have done without this,' said Damien Cox, senior energy analyst, at John Hall Associates, an independent energy consultancy.

'It's not a serious supply issue at the moment because demand in August is low but it does raise the likelihood of problems this winter.'

Centrica spokesman Mish Tullar said last night: 'Norway has the capability to provide 25 per cent of the UK's gas, but at this stage we can't tell the scale of the impact from the leak.'

The pipeline where the leak was found pumps gas from the Kvitebjoern field in the North Sea.

An estimated five per cent of Norway's total gas output goes through it.

Pipeline operator Statoil Hydro said the shutdown would impact on its production this year, but gas customers are 'not likely' to be affected.

Historically, the UK has benefited from lower gas prices in the summer, due to domestic overproduction and easily available imports.

But with gas and oil now viewed as scarce resources, there has been more intense competition for supplies from the Continent.


Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

Labels: , , ,

Tuesday, August 12, 2008

Personal Pride

Good morning,
I get excited waiting for the league table to dispatched from head office.
As it arrives on your desktop there must be so many mixed emotions from each and every one of you. Just 6 weeks ago we all put a stake in the ground and made a personal decision that if implemented and action was taken that we would put down the groundings to start building our financial futures. I have a lot of experience in this business now and what I know is that this type of business really highlights your belief , activity and personal pride.
Whenever we see a group photograph the first person we always look for is ourselves. The same will be for and group or list we are part of. When the list comes out each week and you look at your name what is the feeling you get in your stomach and how does that make your facial muscles react. What are the feelings you have when you see your name staring back at you ?
We are all different but this business is a great leveler. Some of the busiest people I know are showing at the top.
I get a few phone calls every week with the excuses!
There will be a few who don't even open the email as they are embarrassed or they quit after the first few weeks.
There are those who are hungry for success and just get inspired no matter where they are on the list.
No matter what is going on there will be some sort of emotion.
The biggest emotion you should strive for is PERSONAL PRIDE.

The Olympics are taking place at the moment and every single person who is taking part has belief they can win. No one of sound mind would ever take part in anything if they didn't believe they didn't have a chance of winning.
Many have trained for 4 years or more to just get there.
Every single athlete will go away with a feeling that will go to their grave with them and that is if they can say I took part and I did my absolute best and I take personal pride in what I achieved. Now when I typed that I had a great feeling! as everyday I do my best at this business not just for myself, but also for you , your team and the company. I also take pride in what I am doing for the new customers and execs that sign.
One thing I do know is that everyday being an active distributor in this awesome business makes me feel very proud.

As we move forward we will take many with us. These next few weeks , months and years are where the active execs will make a serious amount of life changing money which will in turn at a personal level give so many choices in life.
Do not be the person who has negative emotions running through them everyday because of inactivity and personal under achievement.
We all have the same 24 hours everyday.
We are in the same company with the same services, same payment plan and same challenges.
We all have stuff going on at home and in work.
So the same finger of blame or success will point at us all.

The personal pride I believe is the key to every success story no matter how great.

Give it your best every day. Be proud of what you do and enjoy the results and rewards that always follow successful, happy smiley people around wherever they go and whatever they do.

I don't care if I can't spell or I'm no good at grammar. I do my best to help you all and I feel proud to have you all in the same team.

Thanks for making this such an exciting business and the best is yet to come!!!!!!!



Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....


Labels: , , , , , ,

Monday, August 4, 2008

Inflation could reach 5%

Inflation could reach five per cent, according to leading economists, the Times has reported.

It said they believe rising energy prices could push inflation up almost one per cent to a 16-year high.

According to the paper, George Buckley, chief UK economist at Deutsche Bank, claimed if more energy firms followed British Gas and EDF Energy, CPI inflation would jump 0.9 per cent.

It reported Philip Shaw, UK economist at Investec, said the rise to five per cent could come as soon as next month.

Any inflationary increase would improve the likelihood of the Bank of England recommending a cut in interest rates.

"If the committee were seriously minded to raise rates, now would be the time to do it," commented Vicky Redwood of Capital Economics, the Times said.

At its most recent meeting, most of the Bank's monetary policy committee noted[colon] "the risks to inflation in the medium term were most likely to be balanced by maintaining Bank Rate at 5.0 per cent".

Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

Labels: , , , ,

ENERGY PRICES RISING THREE TIMES AS FAST AS WAGES

SNP MSP Jamie Hepburn today said the UK Government must act as he warned that more families will be pushed into fuel poverty.

Figures produced by the Scottish Government show annual household expenditure on gas and electricity in Scotland has increased by 24% over the last four years whilst average household income in Scotland has only risen by 9%.

The figures, which do not reflect the recent price hikes over the last 12 months, were released in a parliamentary answer to Jamie Hepburn and show that between 2003-04 and 2006-07

    • Average annual household expenditure on gas increased from £440 to £560 - an increase of 27%.
    • Electricity costs have increased over the same time frame from £530 per annum to £660 - an increase of 22%.
    • For households using both electricity and gas the combined figures show an increase of 24%
    • In contrast average household income increased by only 9% from £16,500 to £18,100.

Commenting on the figures SNP Central Scotland MSP Jamie Hepburn said;

“With the latest price rises due to hit households hard this winter these figures expose the shocking impact fuel costs have already had on household budgets across Scotland.

“Energy costs are increasing by 3 times as much as household income.

“Without real action on energy prices we will see more and more households pushed into fuel poverty as energy costs eat up household budgets.

“With higher heating and energy usage in Scotland we already have three times as many households in fuel poverty. Without real action by the UK Government this will only get worse.

“It is essential that we see steps taken by the UK Government to ensure social tariffs are the lowest tariffs, that pre-payment customers are no longer hit by rip-off charges and that the winter fuel payment is increased.

“The case for the energy companies to make a contribution to meeting the costs of fuel poverty and to supporting pensioners is compelling.

“These figures show that energy costs are unsustainable not just for the elderly or less well off but across the board.

“The SNP Government has taken strong steps to tackle fuel poverty with a record number of central heating installations last year, plans to extend benefits health checks to all those applying to the Warm Deal programme, and the re-establishment of the Fuel Poverty Forum – but the energy market and energy regulation is reserved. The UK Government must act.”

Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....




Labels: , , , ,

Friday, August 1, 2008

UK Personal Debt Statistics

Total UK personal debt at the end of June 2008 stood at £1,444bn. The growth rate increased to 7.4% for the previous 12 months which equates to an increase of ~ £98bn.

Total secured lending on homes at the end of June 2008 stood at £1,212bn. This has increased 7.5% in the last 12 months.

Total consumer credit lending to individuals in June 2008 was £232bn. This has increased 6.8% in the last 12 months.

Total lending in June 2008 grew by £4.0bn. Secured lending grew by £3.1bn in the month. Consumer credit lending grew by £0.9bn.

Average household debt in the UK is ~ £9,309 (excluding mortgages). This figure increases to £21,650 if the average is based on the number of households who actually have some form of unsecured loan.

Average household debt in the UK is ~ £58,000 (including mortgages).

Average owed by every UK adult is ~ £30,424 (including mortgages).

Average outstanding mortgage for the 11.8m households who currently have mortgages now stands at ~ £102,554.

Britain's interest repayments have soared to £94.4bn in the last 12months. The average interest paid by each household on their total debt is approximately £3,800 each year.

Average consumer borrowing via credit cards, motor and retail finance deals, overdrafts and unsecured personal loans has risen to £4,900 per average UK adult at the end of June 2008.

  • Consumers will borrow an additional £268m today
  • Consumers will pay £259m in interest today
  • The average household debt will increase by over £10.75 today
  • 2,370 Consumer County Court Judgements (CCJs) issued
  • 424 mortgage possession claims will be issued and 302 mortgage possession orders will be made today
  • 408 landlord possession claims will be issued and 312 landlord possession orders will be made today.
  • 282 people today will be declared insolvent or bankrupt. KPMG estimate this will increase to 356 people a day by the end of 2008 which is equivalent to 1 person being declared insolvent or bankrupt every 4 minutes.
  • 74 properties will be repossessed today. The Council of Mortgage lenders (CML) estimates this will increase to 123 a day during 2008.
  • Approximately 18,000 credit card applications are being rejected every day.
  • 4,000 fixed rate mortgages will come to an end today.
  • Citizen Advice Bureaus will deal with 6,600 debt problems today
  • The average car will cost £15.42 to run today
  • £464m will be withdrawn from cash machines today.
  • 20m transactions worth £1.0bn will be spent on credit, debit and charge cards today
  • 1/3rd of all groceries we buy today will end up in the dustbin.

Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....





Labels: , , , , , , ,

Tuesday, July 29, 2008

Energy bills set to increase despite oil price fall, warns Scottish and Southern

Scottish and Southern Energy yesterday gave the clearest warning yet from leading home energy suppliers that consumers must brace themselves for a new round of gas and electricity price increases.

SSE said that despite a sharp dip in the oil price in recent weeks, it was becoming increasingly difficult to hold the prices paid by its nine million customers at current levels. "The full extent of the energy shock with which the entire global economy is having to contend had been well-documented and its full impact on prices for electricity and gas in the UK has still to be felt," warned Ian Marchant, the utility's chief executive. "We are continuing to resist the pressure to put up prices for domestic customers but it is becoming more difficult by the day."

The extent to which home energy providers' margins have been squeezed in recent months by the soaring cost of wholesale gas was underlined by a warning from SSE about the likely size of its profits in the first half of its financial year, which ends 30 September.

In previous years, SSE made the majority of its annual profits during its first half, but Mr Marchant warned this year's interim results announcement would be more downbeat, with profits in the first half expected to be "substantially lower" than in the same periods of 2006 and 2007.

Nevertheless, the company believes it will meet profits expectations for the full year, suggesting that it is planning on the basis of higher prices from the autumn onwards. Increases at SSE are likely to be broadly in line with similar price rises now expected from rival energy suppliers, with independent analysts predicting last week that gas bills will go up by 60 per cent in the next 12 months. Ann Robinson, director of consumer policy at uSwitch.com, the price comparison site, warned: "Coupled with the credit crunch and the ongoing battle to make their money go further, consumers should steel themselves for a winter of discontent."

Another round of price rises will nonetheless disappoint customers, given that the oil price has fallen back by almost 13 per cent to around $127 a barrel today, from a high of close to $148. However, the utilities argue that most of the rise in oil prices this year has not yet been reflected in home energy bills. Wholesale gas prices have also fallen less sharply than oil, correcting by around 11 per cent over the past six weeks.

Joe Malinowski, managing director of The Energy Shop, the energy market analyst, warned there was little chance of a reprieve for customers. "The gas price falls we've seen are nowhere near enough to prevent one or possibly two more rises in bills," he said. "The falls have come far too late and from too high a level to make a significant difference."

Mr Malinowski believes energy companies, including British Gas, will begin announcing price rises within the next fortnight. "Our best hope is that we get a modest rise now and probably another modest rise later on, rather than one big increase straight away." Energy analysts believe the oil price would have to fall back to around $100 a barrel for energy bills to be sustainable at their current rates. Another round of price increases will also be a major blow to the Bank of England, which has blamed energy bill costs as a major contributor towards its failure to keep inflation within 1 percentage point of its 2 per cent target.


Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

Labels: , , , , , , , , , ,

Friday, June 6, 2008

A Special 10th Annivesary message from Charles Wigoder - Chief Exec of Utility Warehouse

What a fantastic start to 2008!

Over the last few weeks we’ve seen record numbers of new [distributors] joining the business as well as a huge increase in new customer numbers. Many of you are already seeing this reflected in your group customer numbers.

The newspapers may be full of doom and gloom... high inflation, falling property prices, recession looming – but as a Telecom plus Distributor, the prospects have never been brighter as we look forward to the positive impact from increasing customer numbers on your residual incomes...

So why is our business so good at the moment?

Could it be the huge price increases recently announced by the “Big 6” energy suppliers?

Could it be our award-winning customer service team, based in the UK?

Could it be the latest round of sneaky price rises by BT, where they have increased the cost of a 60 minute evening Local/National call from 4.5p to almost £1, and increased line rental by another 75p per month?

Could it be the exciting new services we launched at Express Day have really begun to catch peoples’ imagination?

Our amazing Internet Phone Lines at just £2 per month; our new BroadCall Laptop tariff; or our new ValueTalk tariffs with inclusive calls and texts from just £10 per month.

Could it be the fantastic promotions we announced at Express Day, giving you the opportunity to qualify for an unforgettable all-expenses-paid luxury holiday in Spring 2009, or to receive hundreds of pounds of free gift vouchers?

Could it be the dedication of the strong leadership in the field along with our committed and skilful trainers?

Or is it simply that our unique combination of great value, great service and the convenience of a single monthly bill really is what customers are looking for?

If you are currently out there working on building your business, that’s great. You’ll know from the feedback you are receiving and the growth in your own customer numbers just how much activity is currently taking place.

On the other hand... Our offers have never been stronger. Our service and support have never been better.

And the rewards you can earn from your activity have never been higher...

Last month was the 10th anniversary of my joining Telecom plus, and I am enormously proud of our achievement together in building this business from nothing to almost £200 million in annual sales, establishing ourselves as the UK’s most successful network marketing company. But that is nothing compared with the huge opportunity still open to us. We still have less than a 1% market share for the services we provide.



Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

Labels: , , , , , , ,

Tuesday, May 20, 2008

energywatch statement on threat of more price hikes!

Allan Asher, energywatch Chief Executive, said: "There is no shortage of gas, yet consumers are being bombarded with dire predictions of huge price rises.

"There is a simple choice for Government and regulators. Meekly accept that ever-increasing gas prices are inevitable or challenge the market to provide information on every aspect from production levels to actual commodity trades to retail prices and profits.

“If it’s not about supply and demand, it's something else and we need to know what that something else is.

"Next week MPs from the BERR Select Committee will hear evidence of what's wrong in the energy market.

"energywatch will say that the structure of the GB markets does not promote effective competition, that there are too many no-go areas when it comes to information disclosure and that the exposure to the European energy markets punishes GB consumers with high prices.

"Ofgem, the FSA, the European Commission and others all have jurisdiction over different aspects of these markets. There is an urgent need to set out and co-ordinate the approach and priorities for enquiry. It may well be that the most effective vehicle will be through the Competition Commission.

"Higher energy prices will be catastrophic for the 4.5million fuel poor and those households on the brink of fuel poverty. At the same time that we examine the market, we must be raising the level of support available to the most affected households.”

Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

Watch the video first, follow this link:-
http://www.extrapaynow.com


Labels: , , ,