British Gas Price up 35% - full details

StevieJ

And I was of the impression that gas and oil prices are falling at the moment, Gas around -30% and oil -17%.

MSE_Martin

Just a clarification on the relationship between new and old cap

i've explained it here

http://forums.moneysavingexpert.com/showthread.html?t=1064737

magyar

samf1971 wrote: »

So the kits /panels etc /home turbines are more expensive to purchase than paying bills ? Surely long term it will work out cheaper?

Maybe one day it will but not now.

A 2 kW solar PV system for your house will cost about £12,000 - and at most shave 50% off your bill. That's probably about £300-400 a year at most. You're better off putting that £12,000 in the bank, at 5% it would earn £600 a year.

Home wind turbines are no better.

If you have money to invest, I'd spend it on making sure your house is well-insulated.

[Deleted User]

ebico gas rate is 2.86p/kwh wherever you live and their electric rate for s wales is 12.72p/kwh. One clear rate and no subterfuge. I think people have been sucked into capping.

keith_lard

When will these price rises stop???????


back to the candels!

k,.

Barneysmom

I don't think they'll ever stop now. Even if oil went down to $50 a barrel, and gas 10p, they wouldn't lower their prices. there's always the 'we need big money for investment' line of patter...........................

larmy16

Oh lucky me. I went on to Moneysupermarket.com to see if I could swap from EDF
to a cheaper provider and who should be recommended to save me money but British Gas!! Clicked yes and now it appears I am too late to cancel. EDF say I have 12 days to cancel, but the email from MSM says I have only seven - anyone know which is right??

loofer

You can give British Gas a ring untill 8pm tonight if you want to secure the Dec 2009 deal for capped price. That price is still only 9.8% higher than yesterday's price. Not the same as the 33% increase just announced.
I created a spreadsheet to compare the following
2008 prices
2009 cap prices
2011 cap prices
and Click Energy 5

I don't know how to upload excel sheet otherwise would have done

I just need to decide within next 30 mins if I go for Click Energy 5 (which is currently 12% cheaper than 2008 prices) or get the 2009 cap price.

Click Energy 5 could increase prices. Additionally, there is a £58 Gas and £20 Elec fee if you decide to leave the supplier (or possibly even tarriff) before Dec 2009.

Any suggestions??

melbury

I'm on a fixed price until November, so perhaps by then prices will have tumbled down More likely doubled :eek:

Scarlett.1974

Poppycat wrote: »

yesterday I registered as a vulnerable customer with BG as me daughter gets higher rate DLA it takes 6 weeks to come through so I was told

http://www.britishgas.co.uk/about-british-gas/what%27s-important-to-us/customer-commitment/essential.html

Hi Poppycat,

What does it actually 'mean' though? Discounts? Capped rates?

It would appear, from looking at the criteria, that we would be eligable for this, but it doesn't actually say anything on the BG website as to the actual advantages of it?

Thanks