British Gas immediate 10% cut in Standard Tariff electricity prices

jimexbox

CarlMC wrote: »

Just worked out my last bill as if it were on the new rates for my tariff, CE4. It was £76.17, now it works out as £72.13, approximately 5.3% lower. On CE4 the decrease is all taken from the Tier 2 charge, Tier 1 dropping by .001 of a penny, so higher users will save more comparitively.

What is the percentage difference between your old and new tarrif, not your bill? As BG say electricity prices, not quarterly bills.

jimexbox

Plushchris wrote: »

Hmmm

It doesnt say that the online prices are dropping though does it? The way I read it is that online prices are already cheap so they wont be dropping,

I read it the same as you. Where are those mirrors and the smoke machine?

decembers_spawn

I've noticed that Click Enery 6 is now obsolete. Does anyone know if Websaver 3 is a better deal?

worried_jim

Click Energy 6
The good news is we're dropping our electricity prices and from 7th May 2009 you will be paying less for your electricity. As a Click Energy 6 customer your prices will decrease on average 5%1 and your prices will be on average £1102 less than our Standard tariff.

This is from the link -http://www.britishgas.co.uk/existingcustomers/electariffs.html

1carminestocky

LOL, Websaver 3 has arrived!! :rotfl:

CarlMC_2

As my CE4 Tier 1 price only reduced by 0.001p, the cut is taken from the Tier 2 price. That was 9.143p, now 8.370p which is 8.45% lower.

Regarding CE6 and Websaver 3, these figures are for Northern:-

23.077/ 9.268 Websaver 3 inc VAT @ 5%
21.827/ 8.765 CE6 inc VAT @ 5%

The Tier 1/Tier 2 threshold is the same for both, 125kWh per quarter. Whether it's a better deal is down to the your region, prices, discounts and usage.

Plushchris

The prices on the websaver tariffs should get the same drop as the Standard prices as they guarentee to be 6% cheaper, wouldnt be too sure about the click tariffs though.

1carminestocky

This seems to have been a bit of a rush job. None of the switching sites seem 'in' on it.

1carminestocky

Plushchris wrote: »

The prices on the websaver tariffs should get the same drop as the Standard prices as they guarentee to be 6% cheaper, wouldnt be too sure about the click tariffs though.

PC, if you click on each Click tariff on the link given out earlier it tells you the %tage decrease wef today. They have all been reduced. For example:

Click Energy 2

The good news is we're dropping our electricity prices and from 7th May 2009 you will be paying less for your electricity. As a Click Energy 2 customer your prices will decrease on average 6% and your prices will be on average £40 less than our Standard tariff.

http://www.britishgas.co.uk/existingcustomers/electariffs.html

jimexbox

CarlMC wrote: »

As my CE4 Tier 1 price only reduced by 0.001p, the cut is taken from the Tier 2 price. That was 9.143p, now 8.370p which is 8.45% lower.

I take it BG tier 1 are the more expensive primary units? Seems a little disingenuous not to cut this rate too.