Summary
A university in the UK is raising concerns about "unlimited" energy contracts for students, claiming these deals are more expensive than traditional ones. Research by Reading Students' Union found that students with these contracts pay much more on average. Some energy providers disagree with the findings and highlight that their contracts offer stability.
Key Facts
- Reading Students' Union claims "unlimited" energy contracts cost students about £2,200 more per year.
- The Students' Union has started an Energy Advice Service to help students understand energy costs.
- Two providers of these contracts argue the findings are incorrect and advise students to explore their options.
- The research shows students might pay up to £3,280 more with unlimited contracts compared to standard ones.
- Quotes were collected from nine unlimited providers and compared with traditional energy suppliers like British Gas and EDF.
- A typical four-bedroom house's utilities in Reading would cost around £223 per month with standard contracts.
- Contract prices for unlimited energy packages are reported at an average of £408 per month.
- Some students regret choosing unlimited contracts and advocate for more awareness on energy costs.