Utility Warehouse

[LePoivre]

This is also a new development undertaken by the Trust as a fund-raising project and it is seen very much as a win/win situation for the Trust and our members.

Essentially, the Utility Warehouse is a Discount Club which provides cheaper bills for utilities such as gas, electricity and phone, including broadband for Internet connection. So anyone signing up with the Trust will cut their bills and the Trust will also receive commission.

This has been made possible by the deregulated environment for supplying essential utility services. The Utility Warehouse Discount Club is operated by Telecom plus, which is a major British PLC, successfully operating since 1997 and which has become one of the fastest-growing businesses in the UK. Its shares are listed on the London Stock Exchange with a market value in excess of £100M – so we are dealing with a very reputable company.

Look out for more details in the press and on the Trust website and also at the January meeting on the 9th.

The Trust Board is also hoping that the Club will enter into a partnership with the Trust so look out for more news on this possible development too.

[LePoivre]

n7t said:

- - - you certainly aren't guaranteed to cut your bills with UW

No, of course it's not guaranteed that it will save money on everything but one of its strong points is that punters are not locked into a contract so can suck it and see.
It also comes out very well in a recent Which? survey.

And it's worth pointing out that there is a Triple Guarantee on pricing for Gas & Electricity.