The Utility Warehouse Good Buy Or Bad Buy?

In the UK and I would suppose in the USA the cost of your utility bills is no doubt increasing faster than the rate of inflation. For some odd reason the costs always seem to go up during periods of high demand when we have no alternative but to consume more. As always the utility comanies whine and trot out the same justifications talking about supply and demand and how there’s a shortage of oil however they spin it we still end up paying more.

With more individuals out of work than ever before over 2.5 million in the UK people are finding it hard to stay within their means and heat there homes. In a lot of cases they are fighting a losing battle and are having to choose between heating there home and eating. With the energy regulators ignoring the problem there are difficult times ahead.

Many people looking to save money on gas and electricity are searching for better deals now that the market has been unregulated and it’s true to say that by shopping around large savings can sometimes be made by switching suppliers.

Many companies claim to be able to save you money if you switch to them and The Utility Warehouse is no different. So to answer the question does The Utility Warehouse Scam you you have to look at how they sell the service. One of The Utility Warehouses claims is that they don’t actually have to advertise there services. What they don’t make so clear is that the sales people are on commission. A large proportion of Utility Warehouse Club members are also agents for the company.

If you sign up with them they recieve both a set commission depending on how many services you take and a proportion of any utility bill you pay. I’m not saying this is sharp practice as we all have to make a living but it’s a little something you need to bear in mind before signing up.

As always it pays to do your own research before signing on the dotted line and these days it’s very easy to verify that you really are getting a great deal and not being conned. The snag is everytime I’ve checked The Utility Warehouse is not the cheapest often by quite a margin. The Utility Warehouse will claim that with all the other bonuses (discounts on goods bought with there pr-paid credit card) you will end up saving money but I prefer not to have to spend money to save money.

To answer the original query is the Utility Warehouse a scam? I don’t believe it is in the true definition of a scam it’s just that frequently they are not the cheapest energy supplier so it falls to you to do your own research. The watch word is buyer beware! When you consider how easy it is to verify for yourself just how good a deal you’re getting by checking on the Internet their is no excuse to get caught out. Even if you don’t have Web access you can access the Internet for free by visiting your local library.

Many people in the UK are concerned about the Utility Warehouse Scams however as long as care is taken they would appear to be a reputable utilities supplier just not always the cheapest.