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Onedox

Pensioner beats the Chancellor by encouraging son in a business start up.

21 November 2016 11:00

FOR IMMEDIATE RELEASE

Limited by her state pension and frustrated by her escalating household bills, 69 year old pensioner Linda Sheridan inspired her son David to create the business ‘Onedox’, a platform designed to make household bills transparent and ensure consumers don’t overpay for their energy and telecoms deals. Twelve months on she is £25 a week better off, representing an effective increase in her state pension of over 20%. Well over six times what the Chancellor is expected to confirm in the Autumn Statement.

Whilst her annual energy bill has dropped by £504, and her mobile phone bill has been clipped by £103, her biggest saving has been achieved in her landline and internet bill, down by £611 a year.

Delighted with her windfall, Linda says, ‘Cutting more than £1200 from my annual bills makes a huge difference to a pensioner like me.” Explaining how the business he created has saved thousands of pounds not only for his mother, but for many other householders too, David Sheridan claims that the biggest opportunity for cost cutting lies in avoiding defaulting to expensive deals once attractive minimum term contracts end.

Onedox is a free to use platform that automatically collates bills into one dashboard and monitors when contracts expire. It also points consumers to best value options based on their circumstances. It’s been designed so that people can easily help other family members, such as parents, ensure they are getting a fair deal.

Breaking down how Onedox helped his mother, David shows how a typical consumer can go about achieving material savings.

- Energy:

By changing contract once she gets alerted that the minimum contract term ends, Linda is ensuring she no longer gets moved onto a more expensive standard tariff. 70% of energy customers are on a standard tariff, meaning they automatically pay more over time and are paying more for the same service than customers who change supplier.

- Landline and Internet package:

After her “new customer” deal elapsed, Linda automatically began to get larger bills. The Internet package she was supplied with was also inappropriate for an infrequent Internet user, with a high allowance and high bills to match. The landline package didn’t include calls to mobile phones, which were charged additionally. This was adding another £15 per month to her bill.

Linda has since moved to a supplier that charges less for the landline, provides free Internet for an initial twelve month period, and offers a package that includes calls to mobile phones for one regular, monthly fee.

- Mobile

Linda has cut her costs over time by opting for a SIM-only mobile contract and being on a low cost monthly tariff to reflect her usage requirements. It’s been possible to cut these costs to just a few pounds per month by getting her mobile SIM from the same company that provides her landline and Internet package.

As pensioners in particular look towards the Autumn Statement, based on last year, they can expect to see a rise of less that £1 a week in their state allowance.

David Sheridan comments, ‘By using Onedox and being able to readily identify where savings are available, Linda's experience shows how pensioners can boost their extra cash by six times the expected pension increase.’

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Attached Images


Press Contacts

David Sheridan

Co-Founder & Commercial Director

Tel: 07540 572123

Email: david@onedox.com


About Onedox

Looking after your household bills is a pain. They cost you a lot more time and money than they should.

Onedox securely and automatically collects your bills and works for you to ensure you never waste time or money on them again.

Onedox is a free, secure service that enables you to take control of your household bills.

It provides you with a clear, single view of your important household account and bill information across gas, electricity, TV, Internet, landline, mobile, MOT and road tax.

It enables you to ensure your household accounts are in good health and that you are always getting value for money.

www.onedox.com

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