BG announce 10% price cut.

humfer

smidgey wrote: »

Don't say I don't give you guys anything!

Click 6 Prices as of 19th Feb 2009 (ex VAT)

Tier 1 Tier 2
Eastern 6.478 3.086
East Midlands 6.482 3.101
London Electricity 6.517 3.125
ManWeb 6.438 3.046
Midlands 6.531 3.164
Northern 6.481 3.088
Norweb 6.430 3.037
Scottish Hydro Electric 6.361 2.969
ScottishPower 6.361 2.969
Seeboard 6.482 3.109
Southern Electric 6.532 3.158
SWALEC 6.433 3.055
SWEB 6.482 3.109
Yorkshire 6.432 3.057

No Websaver1 rates yet but the tariff is always set to be 10% lower than standard rates.

Thankyou for posting these. Its a pity the BG website isn't so helpful in this matter.

I'm on East Midlands so 6.483/3.269 goes to 6.482/3.101. Will have to calculate later how many pennies that will save me:rotfl: Just down the calcs - saves me a massive £34 based on 22k Kwh

Had an email from BG yesterday stating how they had dropped prices by 10% etc....Thing is I never had an email when they put prices up last year. What a surprise. How are these companies (and its not just BG, npower who I was with just before were just as bad) increase prices with customers only finding out about them several months later. It stinks:mad:

KimYeovil

1carminestocky wrote: »

I would do exactly the same in your situation.

PS Scottish Power are offering £72 at topcashback.

But E-on are due to and may finish their £70 offer at the end of January so (if the price is right, of course,) switching to E-on first may be better.

1carminestocky

KimYeovil wrote: »

But E-on are due to and may finish their £70 offer at the end of January so (if the price is right, of course,) switching to E-on first may be better.

Good point and well made. Have no argument with that viewpoint

boydE

IMO there should be only one tariff. I can switch over to SP as they are £150 per year cheaper but I am going to hang on until April and review the situation.

rdty21

If i provide bg with a meter reading today would they apply the price reduction from todays date or would they estimate my reading from the date they say the reduction starts?

SwanJon

rdty21 wrote: »

If i provide bg with a meter reading today would they apply the price reduction from todays date or would they estimate my reading from the date they say the reduction starts?

From when they say the reduction starts, that's why they say that's when it'll start.
They will use your reading to help estimate a read for the day the reduction starts though, so providing a read will make the estimate more accurate.

housebug

Naturally any reduction is welcome, but it doesn't come close to accurately reflecting the massive drop in wholesale energy prices.

As with most things in the U.K., energy prices will continue to be significantly higher than they are elsewhere in the West. This is a historical fact and the solution to that is more than I can fathom out.

Having said all that, we're going to wait til the end of February before deciding if its worth switching or not.

kjsmith7

Wow there's a lot of negativity on this thread.. 10% is 10%, and whether it's too little or too much or rubbish compared to the price increases is kind of irrelevant. It's at least a step in the right direction!

At the end of the day, I agree with reinvestment into infrastructure of our own and any decrease is better than no decrease. I also believe that there's nothing to say that the prices will stay down, so it's at least worth waiting and working out if you'll save whatever the cancellation fee of your particular tariff is before getting hit with a double whammy (increase prices as you aren't fixed AND the cancellation fee at some point down the line).

kjsmith7

housebug wrote: »

As with most things in the U.K., energy prices will continue to be significantly higher than they are elsewhere in the West. This is a historical fact and the solution to that is more than I can fathom out.

Where can I find what the prices are for gas and electric customers abroad? I think it may be an interesting read!

mech_2

It's actually very cheap in the UK. Don't listen to the moaning media-brainwashed clueless people. They just enjoy being miserable for some unfathomable reason.

Some links to get you started:
http://www.selectra.info/index.php/Comparatif-electricite-et-gaz.html
http://www.gastarifsuche.de/
http://www.flogasnaturalgas.ie/FG0003633_Tariff_Brochure_Sep08.pdf
http://www.energycustomers.ie/faqs/index.aspx#1e

I'm sure you can find more with a bit of googling.

For the £/euro exchange rate:
http://www.xe.com/