The NATIONAL Farmers Union has announced members are making electricity savings through the collective buying power of NFU Energy Service Electricity Buying Groups.

During the past year, NFU members have saved up to 10 per cent on their electricity contracts using the NFU Electricity Buying Group delivered by the NFU Energy Service.

So far, buying groups have been rolled out to three regions within, with the NFU Energy Service sourcing more than £2 million of electricity at significantly discounted rates from some of the best-known suppliers.

On its website, the NFU has given detailed analysis of how it works.

It said: "Savings are achieved by grouping NFU members with electricity contracts finishing within the same timeframe to obtain prices as a group instead of individually.

"There will be four NFU Electricity Buying Groups. The group you join depends on when your current electricity contract ends.

"The bigger the group, the better the buying power. The most recent group used over 10GwH in annual consumption, saving hundreds of members thousands of pounds combined."

You can register for the service at NFUonline.

First, log into the website using your membership details and password. Once you’re logged in, click on ‘My Profile’ in the orange drop-down section at the top right of the page to visit your personalised membership area. Click on the 'Energy Service' tab, register your interest in joining an Electricity Buying Group.