There is a God for gas supply after all

[neddysegoon]

I have have answer to all the problems here. Switch to a new energy supplier called atcostenergy.com. As the title suggests, they will supply you with gas and electricity at cost price. I understand that they have been granted a licence to supply energy by Offgem this Autumn. So, do as I and many thousands of others and register online now. They claim to save the average householder £320 per year on combined energy cost.

No fancy offices, no shareholders and no bonuses...hooray.

 

I can't wait to see the british gas shares hit the floor. Well done Mark, you are doing what the Government should be doing.

[zazen.warrior]

Post removed.

Edited July 29, 2010 by zazen.warrior

[nottslad]

no shareholders.... who owns the business?? Surprising, especially when the entity is a private limited company

[neddysegoon]

How will they be paying their admin. staff?

 

Hi,

Go the site atcostenergy.com and all the information is provided by Matt

Stockdale C.E.O of the company. I understand that many thousand's have

registered online already (including me and my friends).

 

Cheers

[zazen.warrior]

Post removed.

Edited July 29, 2010 by zazen.warrior

[Surfer01]

Having worked in the energy industry I woudl eb pleasantly surprsied if thsi company last longer than a year. Their statement regarding debt is incorrect as the rulings is built into the Master Registration Agreement which is an industry regulation document therefore it is up to the individual supplier whether to allow a debtor to disappear. Obviously he has no idea whatsoever how much debt the industry writes off every year.

I think a DCA is a cheaper choice rather than going through the courts where you are going to lsoe anyway but have addiotnal costs. I am not sure how much industry knowledge the man has but I think that others like me have more savvy.

he also seems to confuse "suppliers" and "distribution" comapnies. A supplier has no obligation to reinvest in the power infrastructure as it is a stand alone entity and thsi includes Eon, Npower etc. BGAS do not invest in upgrading your supply. They only act as an agent for a distribution company.

[nottslad]

I'm a bit cynical of the fact that the bloke who invented Oven Pride now wants to set up an energy supply company... I'll sit on the fence for a bit with this one!

[Surfer01]

On my left or right?