British Gas

1socrates1

I am a duel fuel user with British Gas. I price fixed with them, till 2011, late last year because of prices going up. Today they send me in the mail a letter saying gas has gone down and I should fix it with them till 2011. My question is, can I do it, or am I bound by previous agreement? Thanks

chalkdust_2

I believe you will be bound by your previous agreement.The recent letter was probably sent by a dumb computer that hasn't been programmed to see you were already a fixed price customer.I think you can cancel your agreement but they do make a charge for this so you will have to work out whether you are better taking this into account against the savings made on a new agreement.

1socrates1

Thanks for the info

Paxton

I have fixed my prices till April 2009 so it runs out next month, not sure what to do for the best now, can anybody give me some advise.

Cardew

1socrates1 wrote: »

I am a duel fuel user with British Gas. I price fixed with them, till 2011, late last year because of prices going up. Today they send me in the mail a letter saying gas has gone down and I should fix it with them till 2011. My question is, can I do it, or am I bound by previous agreement? Thanks

You need to check if your 2011 tariff is cheaper than the new reduced tariffs - I believe it might be cheaper.

Also if it is marginal, you have to take a view on price trends between now and 2011.