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Bulb announce price rises, is this the start of the end of for Bulb?
They have been growing aggressively. Seem to take about £50 in advance from new customers to cover referral fees? Is their business model sustainable? Time will tell. I recently joined Bulb just in time to qualify for the price increases from August 12th
"We're increasing our tariff for the average UK home by 5.1%. The average home will see their annual tariff increase from £879 to £923 - a rise of £4 per month. Existing members will stay on their current rates for 60 days until 12th August. New members will start on our new rates straight away."
Energy price watch: our prices are going up
They have been growing aggressively. Seem to take about £50 in advance from new customers to cover referral fees? Is their business model sustainable? Time will tell. I recently joined Bulb just in time to qualify for the price increases from August 12th
"We're increasing our tariff for the average UK home by 5.1%. The average home will see their annual tariff increase from £879 to £923 - a rise of £4 per month. Existing members will stay on their current rates for 60 days until 12th August. New members will start on our new rates straight away."
Energy price watch: our prices are going up