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.”
How do I join the Family Saver Club?
Simply head over to our quotation page or call 0161 332 0022.