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British Gas v Scottish Power
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Last night i helped my parents switch their power supply. The best deal on offer was British Gas so we started the switching process with them.
However, when Martins email came out this morning i realised Scottish Power may be cheaper and have just checked their website. Scottish Power work out around £200 p/a cheaper than British Gas but the cap runs out in August 09 rather than December 09.
Am i right in thinking that, if prices rise 50% in the next year (i think this is roughly what is predicted) then British Gas would work out cheaper? My parents currently spend £200p/m so a 50% rise would mean an extra £100p/m for an extra 4 months (Aug-Dec 09) = Scottish Power actually £200 more expensive until Dec 09. Does my logic seem right?
However, when Martins email came out this morning i realised Scottish Power may be cheaper and have just checked their website. Scottish Power work out around £200 p/a cheaper than British Gas but the cap runs out in August 09 rather than December 09.
Am i right in thinking that, if prices rise 50% in the next year (i think this is roughly what is predicted) then British Gas would work out cheaper? My parents currently spend £200p/m so a 50% rise would mean an extra £100p/m for an extra 4 months (Aug-Dec 09) = Scottish Power actually £200 more expensive until Dec 09. Does my logic seem right?
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