Sign up for better price on energy (From This is Hampshire)

Sign up for better price on energy

12:00am Thursday 11th October 2012 in News

COMMUNITIES in Wiltshire are being encouraged to use their potential bulk-buying power to get a better deal on energy prices.

Wiltshire Council is collaborating with 13 local authorities across the country to create the first ever UK Collective Energy Switching Scheme.

The scheme will enable local residents to join together as well as with other communities across the UK, as a single powerful buying unit to negotiate cheaper energy bills.

It is hoped the scheme will be the first in the country to give residents who use pre-paid meter cards the opportunity to participate.

It will provide a unique opportunity to assist local communities and the most vulnerable in society to put pressure on energy suppliers and remove fuel poverty.

To participate in the scheme, residents will be invited to visit a website or contact the council to register their details free of charge, giving their current energy usage figures for gas and electricity.

The scheme will work by means of a reverse auction where energy suppliers will be invited to bid the lowest price to supply the energy.

Further details on the scheme and how residents and businesses can participate will be announced shortly. It is anticipated the initial auction will be held in November.