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Budget Energy launch Bonanza tariff

25th Sep 2020
2 minutes to read

Aodhan O'Donnell
Founder

As the nights start to close in, we all notice that the lights and heating are turned on that little bit earlier each evening. So, it’s no surprise energy bills start to increase at this time of year. And as many of us are spending more time at home our bills will come into sharp focus over the next few months.

But there is a new electricity offer that could help save money off your bill this winter….

What’s the new deal…

Budget Energy has introduced a new discount tariff that is available for bill pay customers who sign up for Direct Debit payment and online billing. With a competitive discount rate of 21% their new ‘Bonanza 21%’ tariff may be a welcome offer for many people during the darker months.

The Detail

The Budget Energy ‘Bonanza 21%’ discount tariff provides a really competitive rate which will appeal to those customers who prefer a low tariff rate over cashback, promotions or other discounts. At 21% it’s the largest discount Budget Energy have ever introduced to their tariffs in Northern Ireland.

The discount tariff has a rate of 14.10p per kWh (incl Vat) and there is also a daily standing charge which is 8.008p per day (incl Vat). The tariff comes with a 12-month contract term and there is a £40 exit fee if you leave the contract early. The tariff is available to both new and existing customers. However, if an existing Budget Energy customer wants to switch from a tariff where an exit fee is applicable, this must be paid before they can move across to the new Bonanza tariff.

 

Budget Energy – the Company

Budget Energy has over 80,000 customers which is around 10% of the domestic market in Northern Ireland. In the Consumer Councils Customer Satisfaction Survey of Electricity Suppliers (September 2020) 69% of customers were satisfied with Budget Energy as their electricity supplier.

 

Managing your account

Budget Energy also make it easy when it comes to managing your bills. You will be billed on a monthly basis and receive an online bill every quarter.

Budget Energy also encourage you to take control of your account with the Budget Energy APP. With the APP you can view bills, monitor your energy use, submit meter readings and make additional payments through your online account.

 

Comparing Energy Prices

We are all using more energy in our homes. The current restrictions are likely to continue for some time and indeed post COVID-19 how we live our lives and work will probably change for ever

So, it’s important to review your energy bills, switch to a better deal and keep more money in your pocket.

At ‘Power to Switch’ we compare all energy suppliers, deals and offers in Ireland to find you the best deal. Switching is quick, hassle-free and means you keep more money in your pocket.

 

For more information on energy issues and switching visit www.powertoswitch.co.uk or follow us on facebook or twitter

Compare Electricity and Gas Prices

 

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