Why pay for your energy upfront? A quick and simple read.
It gets it out the way.
Paying for your energy would be done and dusted for a whole year. It’s one thing off your plate! Once it’s paid for, you won’t have to worry about any direct debits for energy coming out of your account for a whole 12 months.
It gives you interest.
We’re not referring to an influx of instagram followers or a double page spread in OK! magazine. With our Family Saver Club tariff, paying for your energy upfront for the year means that you’ll earn 12% interest on your account – which you can either put towards your energy bill, or draw out in cash!
It means you don’t have to worry about the winter months.
During the colder times, people use more energy. This causes their bills to increase significantly and sometimes sends financial shivers done their spine. However, if you’ve already paid for energy for the year – it’s already been covered. We’ll carry out payment reviews every six months, so if you are using much more energy than expected, it will ask you to top up your account. Paying upfront alleviates families and eases the stress. And, if you use less energy than what you’ve paid for, you’ll get it back at the end of the year.
It’s better than a high street savings account.
And a cash ISA. The interest you recieve with Family Saver Club is simply higher!
To reap the rewards of paying for your energy upfront, join Family Saver Club with a simple phone call: 0161 332 0022
Experts have described the scheme as a wake-up call to the rest of the world.
Spain has announced ambitious plans to switch the country entirely over to renewable electricity by 2050. The Spanish government also want to see greenhouse emissions slashed down by 90% compared to 1990 levels, in a plan that goes above and beyond the requirements set out by the EU. By 2030, the nation hopes to be running on at least 35% green electricity.
The government have committed to installing at least 3,000MW of wind and solar every year, for the next 10 years. The so-called “sun tax” that has hampered solar power in the past has been scrapped, and money has been set aside to re-skill workers in the fossil fuel industry.
Spain is “deadly serious” about climate change
Laurence Tubiana, chief executive of the European Climate Foundation and one of the key figures in drafting the Paris accord, called the plans “groundbreaking” and “inspirational”.
“By planning on going carbon neutral, Spain shows that the battle against climate change is deadly serious, that they are ready to step up and plan to reap the rewards of decarbonisation,” she said.
James Watson, CEO of trade association SolarPower Europe, said: “It is exciting to see Spain setting the pace in its commitment to a 100 per cent renewable powered future… Spain’s energy ambition is a wake-up call to all the other states across the world, as it demonstrates what we know – it is possible to power large economies by renewables in the very near future.”
Back in the UK, the government are aiming to reduce greenhouse emissions by 80% by 2050.
Join the Family Saver Club and you’ll not only get our cheapest fixed-rate tariff – you’ll also earn 12% annual interest on your credit balance!
All you have to do is pay for your energy annually instead of monthly. Once you make an initial upfront payment, you’ll start earning interest.
Step 1: Sign up
Enter a few details on our website and we’ll give you a quote based on your estimated usage. You’ll then see two options – “Pay Yearly” or “Pay Monthly”. Select the yearly option and click on “Switch Now”.
Step 2: Make an initial payment
On the next screen you’ll be asked to make an upfront payment for 1 year’s worth of energy. This money will be added to your credit balance and used up throughout the year.
Step 3: Start earning!
Each month we will deduct enough money to cover your energy use. We will then add 1% interest to your remaining balance.
Some frequently asked questions:
How much is the initial payment?
It will depend on the type of property you live in, how many people live there and your typical energy use.
For a typical dual fuel household in Greater Manchester, the initial payment would be £973 (based on Ofgem averages, correct as of October 2018).
How much interest can I make?
Again, this varies from customer to customer, but a typical dual fuel household in Greater Manchester could make around £60 in interest across the year.
How can I see how much interest I’m making?
You can log in to your online account at any time and view your accrued interest.
How often can I withdraw the interest?
You can withdraw your interest every six months, or you can leave it in your account and use it as credit – making your energy even cheaper!
What happens if my usage goes up or down?
If you end up using more energy than expected, you may have to top-up your balance or pay a final bill at the end of the 12 months to cover the difference. If you use less than expected, you will get a refund.
We strongly recommend providing regular meter readings to avoid any surprises. We’ll also carry out a payment review after 6 months to make sure you’re on track.
What if I can’t afford to pay upfront?
We still offer great value pay monthly tariffs. Just get a quote and choose the “pay monthly” option.
Why we launched this tariff
With wholesale energy prices creeping up and winter approaching, we wanted to help families plan their finances a little better.
As our CEO Barney puts it: “We know this time of year can be expensive for families up and down the country, so hopefully our Family Saver Club is a way to help them plan finances better, get some money back on the energy they use, and ease the stress that can come with contacting their energy supplier.”
“The ‘Family Saver Club’ is all part of our mission to try and find a better way for our customers.”
We have some exciting news for existing Eversmart customers. If you recommend a friend or family member to us, we will put £50 credit into both of your accounts! There’s no catch, and you can refer as many friends as you like.
Please note: The refer-a-friend scheme is only available to customers who have access to the new client portal. If you joined Eversmart before October 2018 you may still be using the old portal – if this is the case you should be phased over to the new version by the end of the year.
Here’s how it works:
Step 1 – Log in to your account to get your unique referral link
You can share this link with your friends via text message, email or social media.
Step 2 – Get your friends to sign up
In order to receive your rewards, you friend must sign up using the unique link that you sent them.
Once your friend clicks on the link, they will be taken to the Eversmart quotation page. After entering a few brief details, they will be given a quote and the option to switch.
Step 3 – Sit back and wait!
It will take 21 days for your friend’s switch to go through. Once the switch is complete, we will automatically put £50 credit into your account and £50 credit in you friend’s account. Think of it as a little thank you from us.
You may have noticed that we’re big fans of smart meters here at Eversmart.
One of the main benefits of having a smart meter is that you don’t have to submit manual meter readings – the meter automatically collects and transmits your usage information for you.
So if that’s the case, why do some customers with smart meters still get asked to submit a manual reading?
There are two main reasons this could happen:
Reason no. 1 – You have just switched to us
Let’s say you’re in the middle of switching to Eversmart from another supplier. You already have a smart meter and you’re going to carry on using it.
Your smart meter should send a closing reading to your old old supplier and an opening reading to Eversmart, right? In theory yes, that’s how it should work. But in reality, the old supplier might not release the meter to Eversmart in time – which is why we still ask for an opening meter reading when you switch.
You will only have to do this once. After the switch is complete, your smart meter will automatically send readings to us, and you’ll never have to send a manual reading again!
Reason no. 2 – You don’t have a Secure smart meter
Don’t be confused – we’re not saying that your meter is insecure or vulnerable. “Secure” is the name of the company that manufactures our smart meters. If your smart meter was fitted by Eversmart, it will be a Secure model.
Secure is one of the most popular smart meter brands, used by around 80% of energy suppliers – including Eversmart. Their meters are SMETS compliant, they are suitable for both direct debit and prepayment customers, and they are compatible with the popular Pipit 500 in-home display.
This means that Eversmart can only take automatic readings from Secure meters.
If your meter was fitted by a different energy supplier, it may or may not be a Secure meter. If it’s not, you will unfortunately have to provide your own meter readings. But don’t worry – we’ve made the whole process as easy as possible.
How to submit a manual reading
You can submit a manual meter reading any time, day or night, simply by logging in to your online account. Once you’ve logged in, just click or tap on the meter readings tab and enter your readings.
If you’re having trouble logging in: Just send an email to email@example.com and one of our advisers will help get you up and running.
If you need help reading your meter: We have created this handy guide complete with illustrations and easy-to-follow instructions.
Will this change in the future?
Yes. As the second generation of smart meters (known as SMETS2) are rolled-out, there will be no more incompatibility issues between different suppliers and meters. Eversmart are currently in the testing process and we plan to start installing SMETS2 meters in 2019.
Can I change to a Secure meter?
We may be able to upgrade your smart meter, depending on the type of meter you currently have and which part of the country you live in. Please email firstname.lastname@example.org for more information.
Financial incentives to buy a new hybrid vehicle in the UK have been ended, just months after the government announced the Road to Zero strategy. Grants for fully electric vehicles have also been slashed.
You’ll need to move quickly if you want to buy a discounted electric car. The Plug-in Car Grant, which pays for 35% of the price of a new vehicle, currently goes up to a maximum value of £4,500. It will be cut to £3,500 after the 1st November. This grant applies to very low emission (i.e, fully electric) vehicles, such as the Nissan Leaf and the BMW i3.
Discounts for hybrid vehicles on the other hand have been scrapped altogether. That means you will have to pay full price for cars such as the Toyota Prius Plug-in or the Mitsubishi Outlander PHEV.
The reason behind the change, according to the Department for Transport, is that hybrid cars have become popular enough among consumers to no longer need the government’s support – who want to shift attention on fully electric cars instead.
Sending mixed messages
Car manufactures however have been critical of the move.
Mike Hawes, CEO of the Society of Motor Manufacturers and Traders (SMMT) said: “We understand the pressure on the public purse but, given the importance of environmental goals, it’s astounding that just three months after publishing its road to zero strategy, the government has reduced the incentive that gives consumers most encouragement to invest in ultra-low emission vehicles.”
“Removing the grant for plug-in hybrids is totally at odds with already challenging ambitions for CO2 reduction and sends yet more confusing signals to car buyers.”
Thinking about switching to a new energy supplier? Wondering when is the best time to switch? In most cases the answer is very simple – right now!
Switching to a new energy supplier is pretty easy & straightforward to do, and can potentially save you a lot of money.
Generally speaking, there are really only two reasons not to switch right now:
1. You’re tied in by exit fees
Your current energy supplier might charge you an exit fee if you try to leave early. This is usually the case if you are on a fixed-term tariff.
Exit fees can range from £20 to as much as £75 per fuel.
You can get out of a fixed-term tariff without incurring exit fees if you switch during the last 49 days of your contract. We’ve discussed this in more detail in this article.
It’s also worth noting that the money you save by switching could outweigh the cost of the exit fee. If you can afford to do it, it might still be worth taking the hit if it saves you money in the long run.
Variable tariffs do not incur exit fees, so you’re free to switch whenever you like.
2. You owe money to your current supplier
It may be difficult to switch suppliers if you are behind with your energy bills.
Your account doesn’t necessarily have to be in the black in order to switch – just as long as you’ve paid your most recent bill. If your account is in the negative, you will simply have to pay the remaining balance when you get your final bill.
If on the other hand you’ve been in debt for over 28 days, your supplier will most likely object to you switching until you’ve repaid the debt.
What about prepayment meters?
If you are paying off a debt through a prepayment meter, you can still switch as long as your debt is less than £500 for gas and £500 for electricity. Your new supplier will simply take on the debt.
Before you switch
It’s a good idea to take & submit a meter reading just before you switch to a new supplier. This will ensure that your final bill from your old supplier is accurate. It will also give you an up-to-date figure that you can use when getting quotes.
Reasons why you should switch energy suppliers
Don’t sit around paying too much for your energy if you don’t have to. If you’re not in debt and exit fees aren’t a concern, then there’s no reason not to switch to a better deal.
Here’s few reasons why you should switch:
It’s easy! It only takes a few minutes to get a quote and switch online
Switching is absolutely seamless and there’s no interruption to your gas or electricity supply
There’s no inconvenience – the same gas and same electricity comes into your home through the same pipes and cables. All that changes is the company name on your bill.
You don’t have to tell you’re old supplier that you’re leaving – your new energy provider will do this for you
If you’re on a variable tariff you can leave at any time – even if you’ve only just joined that supplier
You can save money!
Did you know that Eversmart are cheaper than every one of the “Big Six” providers?* You can get a quick quote here.
*Accurate at time of publishing. Eversmart’s cheapest tariff compared to a standard variable tariff from the big six.
Studies suggest that 50% of us will own a smart TV by 2019. Smart TVs and other smart devices must be plugged in and kept on standby at all times – making them more expensive to run than their traditional counterparts. Here’s what you can do to keep your energy costs down.
From TVs to fridges, security systems to coffee makers, fitness trackers to speakers – more and more of our appliances are using an internet connection to become ‘smart’.
The downside to all of this smart technology is the fact that smart devices have to be kept on standby 24 hours a day, seven days a week – slowly sucking up extra electricity and pushing up your electricity bill. A smart TV for example uses 10 times more electricity than a standard television set!
Energy efficiency company GreenMatch have created a guide to reducing so-called ‘vampire energy’ without ruining the fun of living in a smart home. It starts with getting a smart meter installed if you don’t already have one.
Whenever you switch to a new energy supplier, you will be asked to find your gas & electricity meters and submit an opening set of meter readings. Doing this makes your switch feel official, marking the handover from your old supplier to your new one. Sounds simple enough, right?
The strange thing is, we don’t always use your actual readings to open your account. To explain why, we need to take a look at the way the energy industry works, because industry rules & regulations can make things a lot more complicated than you might expect.
Your opening meter reading has to be checked & validated
When we receive your opening meter readings, we’re not allowed to just take your word for it – we have to send the figures to an independent meter validation company to be checked & verified. This is a regulatory requirement, and every energy company has to do it. It also takes time, which is why switching suppliers can take up to 21 days.
Why do your readings need to be verified? For starters, it prevents disputes between the two energy companies involved in the handover. And secondly, it double-checks that your meter readings are accurate.
So here’s how validating works…
The meter validation company’s aim is to work out what’s know as your maximum acceptable reading. If the opening meter reading you supply is more than the maximum acceptable reading, then they know that something’s not quite right!
This is how they work it out:
First, the meter validation company will look at your last verified reading (i.e. the last one you did with your old supplier before switching).
Next, they’ll calculate your expected usage for the period between your last meter reading and your switch date.
So let’s say your last meter reading was taken 20 days before you switched – they’ll take your typical daily usage and multiply it by 20. And because some days you’ll use more energy than others, they’ll multiply this number by 2.5 to give you a bit of a buffer.
Finally, they add the two figures together to create your maximum acceptable reading. It looks a bit like this:
This gives them a decent estimate of what your opening meter reading should be, with some wiggle-room. All that’s left to do now is compare this figure to the opening readings you submitted.
What happens if the numbers don’t match up?
So what happens if your opening meter reading is higher than the maximum acceptable reading? It’s simple – we’ll just use the estimated figure instead.
What if your opening reading is lower than your last reading? In that case there has obviously been a mistake, and again we’ll just use the estimated figure in its place.
This doesn’t make a huge amount of difference for you – it just shifts the handover point slightly one way or the other.
Whichever way you look at it, there will always be a clear-cut point where you switch from the old supplier to the new one, and you will never pay for the same energy twice.
Getting off on the right foot
Providing an accurate & timely set of meter readings helps the whole switching process go smoothly! If you any need help reading your meters, don’t worry – we’ve create this handy guide with plenty of illustrations and simple instructions.
Please bear in mind that the explanation above has been simplified – the real calculations involve some pretty heavy maths!
From time to time you may be asked to give a gas or electricity meter reading. These readings are used to calculate your energy bill, and are especially important if you’ve just changed suppliers or moved to a new address. In this guide, we’ll show you how to take a reading from the most common types of meter.
Before you can take a reading, you first need to locate your gas and electricity meters. They’re often hidden away in a cupboard, under the stairs or sometimes in a box on the outside of your property. If you have just moved into a rented home and you’re having trouble finding your meters, contact your landlord or letting agency.
Every property and meter will look different, but here’s a few examples to show you what you’re looking for:
As meters are often kept somewhere dark, it’s a good idea to take a torch and a pen & paper with you.
How to read your electric meter
Take a look through the pictures below and find the one that looks most like your electric meter, then simply follow the instructions underneath.
Digital Meter – Single Rate
How to identify this meter: This meter will have the words “single phase” or “single rate” on it. If your meter says the words “multi single phase” or “multi rate”, then please scroll down to the Two Rate electric meter section.
How to read this meter: Simply write down all the numbers from left to right, including any zeros at the beginning.
Digital Meter – Two Rate, Single Display
How to identify this meter: This meter will have the words “multi single phase” or “multi rate” on it.
How to read this meter: You will need to take two readings from this meter. Some displays will alternate every few seconds, as indicated by the small 1 or 2 on the left. Some meters will have a button that lets you flip between the two figures.
Note down each number in full from left to right, including any zeros.
Mechanical Digital Meter – Single Rate
How to identify this meter: This meter shows one long number on a mechanical display.
How to read this meter: Write down all the numbers from left to right. Include any zeros at the beginning, but don’t include the red number at the end.
Mechanical Digital Meter – Two Rate
How to identify this meter: This meter will show two long numbers on mechanical displays. The two dials will be labelled as either “low and normal” or “night and day”.
How to read this meter: You will need to submit two readings with this type of meter. Write down both sets of numbers from left to right. Include any zeros at the beginning, but don’t include the red number at the end.
Mechanical Dial Meter
How to identify this meter: This is an older type of meter which uses a series of dials rather than numbers.
How to read this meter: Write down the number on each dial, including any zeros. You can ignore the red dial at the end.
If a dial is pointing between two numbers, write down the lowest number.
If the pointer is between 9 and 0, always write down 9.
If the pointer sits directly on top of a number, underline that number.
If an underlined number is followed directly by a 9, you should subtract 1 from the underlined number.
In the example above, your would write down 3 9 8 5 6. Your final reading would then be 2 9 8 5 6.
Note that some of the dials might go clockwise and some might go anti-clockwise.
How to read your gas meter
Simply write down the numbers from left to right, including any zeros at the beginning. You can ignore the numbers in red or any number after a decimal point.
If you have an older imperial gas meter, it might also have a dial. You can ignore this – we just need the numbers on the digital display.
How to submit your readings
The quickest & easiest way to submit a reading to Eversmart is through our portal – you can login here.
You can also send us your readings by email. Send your readings along with your name, telephone number and account number to email@example.com.
About Eversmart Energy
Hi. We’re Eversmart and this is our blog! We're a UK energy supplier with a simple goal - to repair the broken relationship between people and their energy company. We also happen to be one the cheapest energy suppliers in the country!
Take a look around to find out what we’ve been up to here at Eversmart HQ. This is also where we share energy saving tips, industry news and advice on how to manage your account. You can find out more about us on our homepage - eversmartenergy.co.uk.