We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

New Energy Charges

I was listening to Martin on the Jeremy Vine programme today and found his advice very informative. :money:
His advice was that if you are already signed up for dual utilities, not to jump in feet first and change suppliers because they will ALL increase eventually.

I get both my gas and electricity from Scottish Gas (British Gas) and pay by direct debit.
My payments will increase automatically in line with the recently announced horrendous increases.

I have now received another communication from Scottish Gas asking me to sign up to 'Price Protection' which will freeze my energy prices until 2009.
Quote: "There is a small 2.3% premium on your gas, but you'll receive a 3.5% discount on your electricity. So, for an average dual fuel customer, it won't cost anything extra."

Is this a good deal?

Any opinions will be most welcome. :T

Brian.

Comments

  • Missed Martin on the radio... but Scottish Gas, British Gas, are the dearest on the market. I reckon they are relying on the market share that have no computer savvy etc. (the vast majority) to go with the flow.

    From personal experience, I swapped from Scottish Gas, dual provider, to Scottish Hydroelectric, just over a year ago... saved approx. £13.00 per month, all balanced out.

    Just swapped again to London Energy Online, know they are due to increase prices, but doubt if that'll make up the difference in savings.

    I certainly wouldn't entertain Brirtish/ Scottish Gas.
    :D
  • jem16
    jem16 Posts: 19,465 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just swapped again to London Energy Online, know they are due to increase prices, but doubt if that'll make up the difference in savings.

    I certainly wouldn't entertain Brirtish/ Scottish Gas.

    The London Energy Online tariff isn't going up in March with the rest of their tariffs.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.3K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.