British Gas Price Promise June 2010

Cardew

uncas wrote: »

I'm now even more confused as to what the figures on those energy consumption tables represent. I think someone at British Gas just rolled a shedload of dice and added up the spots.

I got my on line gas bill last month(April)

The 'very clever' computer system gave me my history of consumption for the quarter April to June 2009 - which was higher than my history of consumption for January to March 2009

1carminestocky

Look on the bright side, at least BGs computer was cheap as chips. Wait a minute...

beangreen

I too have had this letter from British Gas (I am just a customer for gas) and wonder whether their 'reduced standard rates' are worth fixing onto rather than going onto their 'standard tarrif' - is there a feeling out there about whether gas prices are going to move up or down over the next 12 months?

Graham_Devon

I'm always wary of fixing prices.

Notice last summer, all price fixes dissapeared. Notice they are back now.

Why would a company try to sign you up into fixing your price if it was going to be bad for them?

Prices should be coming down soon, they should have come down already. I wouldn't be fixing prices when they are the highest they have ever been. Just my personal take.

They won't be offering fixes when prices are lower and it looks like they will go up.

Cardew

Graham_Devon wrote: »

Why would a company try to sign you up into fixing your price if it was going to be bad for them?

Debate on this issue has 'raged' for four years on this particular section of MSE, with those against fixing/capping advancing the same argument as yourself.

It has always been a gamble , and will always be a gamble.

That said, until the last year or so the gamble invariably paid off - which wasn't difficult when the price trend was ever upwards.

If anyone decides that they have taken the wrong gamble the penalty for leaving is usually small, or nothing.