New energy tariff is 'UK's cheapest'

19 January 2010

Written by Simon Whittaker

Buy to let landlords may be interested in an energy tariff, which offers customers the chance to read their own meters.

Landlords may consider the iSave2 tariff from First: utility. Tenants or their landlords could submit regular meter readings and receive £5 for each one they submit.

This reward can be claimed a maximum of four times per year - meaning that those who submit the readings could make £20 annually.

Head of energy at Confused.com Gareth Kloet said: "First:utility aims to minimise the estimated billing roulette."

The discount that this tariff gives means that, where it is available, it is the cheapest on offer, he added.

First:utility states that the company is the UK's cheapest dual fuel energy supplier.

An average of less than £900 is spent annually on residential energy bills, it claims.

Free smart meters are currently being offered to certain British homes, which could help users to save money.

Why not take a look at our best Buy to Let mortgages and make an enquiry online now.