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Tip 56 – Utilities – Taking advantage of long term contracts

The upfront costs of new utility infrastructure, like solar PV or central gas hot water, can be very difficult to get owner approval for. How then can you acquire the equipment, so that you can access the savings? Some utility service retailers offer long term contracts, with the supply of the new equipment thrown in. While you may think that makes the new equipment, or the utility service (gas, electricity etc) more expensive, if you do the numbers carefully you will find that is not necessarily so. The power of bulk buying plus the certainty of a long-term supply contract can generate sufficient savings to ensure that the offer is truly competitive; now and into the future.