Split the Bills

Split the Bills provides a service designed to simplify the management of household utility bills for shared accommodations across the UK. The company's primary function involves bundling various essential services into a single, consolidated monthly payment. This approach aims to streamline the financial responsibilities associated with shared living, offering a solution for housemates to manage their expenses collectively. The firm facilitates the arrangement of services such as gas, electricity, broadband, water, and a TV Licence, allowing for a tailored package based on the specific needs of each household.

The company addresses common challenges faced by individuals in shared living arrangements, such as dealing with multiple suppliers and navigating potentially awkward conversations about bill payments. Split the Bills mitigates these issues by splitting the total bill equally among housemates and setting up separate Direct Debits for each individual. This system ensures that no single housemate bears the sole responsibility for managing payments or risks footing the bill for others. Furthermore, the service is structured to avoid upfront payments or deposits and does not pose a risk to individual credit scores, providing a secure and equitable financial framework for all residents.

Split the Bills offers a range of utility services that can be customised to suit different household requirements. The energy package includes uncapped gas and electricity usage, designed to prevent unexpected final bills upon moving out. Customers are required to submit meter readings upon moving in, after which the company manages the energy supply. For internet connectivity, the firm provides superfast broadband, with speeds available up to 1000Mbps in applicable areas, often utilising Virgin Media for these services.

Water supply is arranged through local providers, and a full-colour TV Licence is included for a 12-month period from the account start date. The company has accumulated over 14 years of experience in managing shared utility bills, demonstrating a sustained presence and expertise in the sector. This experience underpins its operations, particularly in serving the student market, where it is trusted by thousands of students nationwide. Split the Bills maintains a UK-based customer support team, which operates from 9 am to 5 pm on weekdays.

This team is described as friendly, helpful, and committed to providing jargon-free assistance, aiming to ensure customers feel supported and informed without unnecessary complications. Split the Bills caters to a diverse range of shared living situations, including students, working professionals, and couples residing in shared houses. The service is particularly beneficial for the student demographic, offering a streamlined approach to bill management that allows residents to focus on their academic and social lives without the burden of administrative tasks related to utilities. By consolidating and splitting bills, the company aims to foster harmonious living environments, preventing potential disagreements over shared expenses.

The firm's operational model is designed to simplify the process of setting up and managing utilities, making it suitable for various group dynamics within shared accommodations. The firm's service is built on the principle of making shared bills easy and safe, eliminating the need for housemates to individually track varying costs throughout the year. By taking on the responsibility of setting up and managing all bills, Split the Bills allows its customers to make one predictable monthly payment. This comprehensive management approach is intended to provide peace of mind and free up time for residents to enjoy their homes and surroundings without the administrative burden of utility management.