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BG announce 10% price cut.

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  • spiro
    spiro Posts: 6,405 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Following this link for more details:

    http://news.bbc.co.uk/1/hi/business/7843999.stm

    Now all we need to do is wait for the electricity price to fall as well.
    IT Consultant in the utilities industry specialising in the retail electricity market.

    4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).
  • A_fiend_for_life
    A_fiend_for_life Posts: 1,643 Forumite
    Still 21.5% higher than before the 35% rise. Cue more government pressure I think.
  • shandypants5
    shandypants5 Posts: 2,124 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hmmmn...
    So is this why they were pushing the "fixed" rate deals so heavily a few months ago.


    call me cynical.
    “Careful. We don't want to learn from this.”
  • overworked_underpaid
    overworked_underpaid Posts: 390 Forumite
    Does this apply to click energy 6 customers as well?
  • dursley.donkey
    dursley.donkey Posts: 65 Forumite
    Clearly a publicity stunt. They move first and they get free advertising from the BBC news service. Don't go switching yet - it doesn't take effect until February, and of course, use a comparison site to see if they're as cheap as everyone else.

    I think they were particularly devious in their selling of fixed price energy. Anyone selling products like that should be required to discuss the foward pricing curve with customers. Since last summer I don't think there's been much expectation in the industry that prices would rise any further.
  • 1carminestocky
    1carminestocky Posts: 5,256 Forumite
    Cashback Cashier
    shandypants5 wrote: »
    Hmmmn...
    So is this why they were pushing the "fixed" rate deals so heavily a few months ago.


    call me cynical.


    It was a cause of anger to me at the time and is still. Appalling industry, needs re-nationalising. And a totally unconvincing interview with Phil Bentley on Breakfast just now. He's about as convincing as that paid apologist Garry Felgate.
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
  • Magentasue
    Magentasue Posts: 4,229 Forumite
    overworked_underpaid wrote: »
    Does this apply to click energy 6 customers as well?

    Standard rate only, I think.
  • bristolleedsfan
    bristolleedsfan Posts: 12,646 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    "British Gas also plans to introduce a prompt payment discount of up to £15 per year for customers on standard gas tariffs who pay quarterly from February 19."


    The year was 1995 :rolleyes:

    http://findarticles.com/p/articles/mi_qn4158/is_/ai_n13968266
  • Sharon_1970_2
    Sharon_1970_2 Posts: 312 Forumite
    you aren't locked in on the fixed rate deals though are you?
    May Grocery Challenge £254.16/£320
  • bengee1977
    bengee1977 Posts: 74 Forumite
    Isn't their new WebSaver 1 tariff guaranteed to be at least 10% lower than their standard tariff? They probably hoping for CE6 users to jump to WS1, but with it's lock in period, i'll need to give it some thought.

    Mind you, i think you're only locked in til September, which is about the time the cold weather starts.
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