Centrica confirms price increases for BG customers

paul_h

Centrica has confirmed that prices for both gas and electricity will rise by 22% on 1st March for British Gas customers.

http://news.bbc.co.uk/1/hi/business/4723648.stm

smartie1976

Yep, I've just had the deskdrop.

Increases of 22% for gas and electric.

Poppycat

Disgusting.

Scooby_Saver_2

Hi, N power keep door knocking and advsing that they price caping till next year _ is that a good deal as with british gas

My spend is 32 gas ( but in credit by 40-00 by the end year )
My spend is 22 elec ( in arrears by 15.00 )

Many thanks for your help or suggestion in advance

smartie1976

Poppycat wrote:

Disgusting.

To be fair, Npower and SSE have already increased prices this year, and Scottish Power and EDF are increasing in February.

Everyone is in the same boat, and most prices will shake out pretty even once all firms have put through the increase. It's not about jumping ship, it's about finding the best deal - capped, special offers, DD discounts etc.

The 5-year price freeze BG offered last year looks like it was a pretty good offer now.

vibez

I'm considering switching supplier. Would you say it would be best to wait a few months for everyone to put their prices up before I do a comparison?

smartie1976

Well you can see who has already put up their prices, and who is going to (although the switch sites won't reflect this until the actual price rises come into effect). Unless you're thinking of going with someone else, and I would say chances of them putting up their prices are about 99.9%

Poppycat

I no I am with SP, but it is still disgusting. Imagine when you on a low income, and then now face paying inflation busting increases on top of that council tax that is out of control, and we get what, peanuts? I am sorry but something is wrong and it is immoral and outrageous increases, it makes me bloody sick.

Cardew

vibez wrote:

I'm considering switching supplier. Would you say it would be best to wait a few months for everyone to put their prices up before I do a comparison?

The problem is that the companies are putting up their tariffs every few months. BG raised their tariff last Sept and again this coming March. EDF companies(LondonEnergy) the same.

You can bet a couple of companies will hold off announcing their rises until a few more(gullible?) people are convinced they have got the best deal and changed over to them.

As far as I am aware there has not been a company that have provided the consistently best prices over a period of time.

ripoffuk_2

Personally I think this is an area where the government should regulate prices.

In my view companies should only be allowed to increase prices above inflation or make staff cuts if they are losing money - not while they are still making huge profits.

For instance given the banks are making larger profits each year they should not be allowed by law to cut staff.

N9eav

I switched to B gas last year as they were the cheapest..... Oh well?

I wonder if I will get a 22% payrise to help with the increase in energy, my council tax, petrol, heating oil,
I think not!