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Unlimited energy vs capped: what’s best for you?

Written by Becca

We get it, being a student means you might have limited funds. You’re doing the right thing by doing your research. Every energy tariff is different - many suppliers offer a number of different options. But, what type of energy package will suit you? 

Think of it this way: it’s like searching for the best deal for a new mobile contract. Do you want unlimited everything or do you just go for the 10GB of data? 

Understanding the difference between different types of energy packages can be a little confusing, but we’re here to break down the difference for you so you can make an informed decision about what’s best for you and your housemates.

What’s an unlimited energy package?

It’s simple really. You can use as much gas and electricity as you want for one fixed monthly price. For example, you may pay £95 a month for your energy, no matter how much you use.

It works similarly to an unlimited mobile contract. No matter how many texts, calls or data you use, the price stays the same. There’s none of this extra charge nonsense, you can use as much as you need without any stress.  

What’s the difference between capped and unlimited energy packages?

A capped package works a little differently from unlimited energy - how much you pay is down to how much energy your provider thinks you’ll use. To sum it up, what you pay monthly is an estimation. You’ll need to send monthly meter readings and if you’ve used more than you’ve been estimated, you’ll be charged an ‘over usage cost’ at the end of your contract. Yes, it may look cheaper at first glance. However, students just like you don’t anticipate the huge surprise bills they can get; all because they’ve gone over their quoted allowance - we call this “bill shock”.

It’s similar to a capped mobile contract. For example, you have a contract with 10,000 texts, 10,000 mins and 10GB of data. You’ll pay the same amount every month (let’s say it’s £40 a month). But, if you go over the limit on either your texts, mins or data, you’ll have to pay for the extra usage. So a cheaper initial price isn’t always better.

We do things a little differently at Fused. The rest of the world seems to be stuck in the dark ages by only offering capped packages. We think the world of bills needs a shakeup, that’s why we’re one of the only student bill services to offer unlimited energy! 

What are the benefits of unlimited energy?

Bills can be such a hassle and arguing with your housemates about who used the most energy in a month, just isn’t it. 

Experiencing bill shock can be super stressful and can affect your credit rating if you can’t afford to pay it back. We know it’s boring stuff, but your credit rating is very important for being able to make large purchases like a car, phone contract and even your first home.

With our unlimited energy package, we take the stress out of bills and make it easier for you to budget. We believe uni is for making memories, not mistakes. Being a student is stressful, with exams, essays and deadlines, and we believe energy usage should be hassle-free.

If you think unlimited energy sounds right for you, you can easily create or confirm a quote via our online dashboard. Or if you’d like to speak to a human, you can book a callback at a time that suits you and we’ll give you a call.

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