British Gas decrease

broxis11

I heard a rumour today that the proposed decrease with BG will be sufficient enough to make them extremely competitive for gas and electric.


Announcement towards the end of the week apparently, anyone else heard anything similar?

hurrah

Could it be to little to late?

http://business.timesonline.co.uk/article/0,,9558-2507905,00.html

broxis11

I was told it will be a double figure decrease, will be interesting to see how it transpires if it is announced this week.

masonic

It's about time someone got the ball rolling.

BBB

pfft, great news if true, makes my life easier

tripled

Considering Scottish and Southern (who own Atlantic) are also planning to decrease prices, it would have to be a hefty drop to make them 'extremely competitive'... 20%+ might do it.

Whether it's true or not (I know no more than the next man), it wouldn't surprise me at all if it came from Millstream, what a nice rumour to have going around

Personally, I think it would be best if they combined the price drop with aligning electricity prepayment prices with cash/cheque and equalising the direct debit discount on gas and electricity to make their tariffs simpler and fairer (you can get over £20 off your gas bill per quarter but only a fiver off electricity!)

Over the years BG lost a lot of customers over price but less on service, however with the deterioration in service over the last couple of years thanks to a certain Mr Dyer and Mr Clare they are now losing customers hand over fist for both reasons, so price cuts alone will not be enough to turn the company around.

Energised

It will have to cut prices by 2% to bring it into line with Powergen, the next most expensive provider, and 17% to equal Atlantic, the market leader, according to Malinowski.

Someone on a standard British Gas tariff for gas and electricity, costing around £1,056 a year, could save about £129 by switching to Atlantic.

You could save even more — £185 — if you switched to Powergen’s online tariff.

Er, ok then.

Powergen, definately the best customer service and now the Energy Online tariff is so good... Easy choice.

matto

BG rang me about a week ago to see if I'd switch back to them. They were offering to reduce my monthly direct debits. When we finally got down to the nitty gritty of what their prices were they were substantially higher than what I was currently paying. SO I asked how they were contemplating reducing my direct debits and they said it wass because they were going to significantly reduce their prices in the spring! So I politely told them to ring back in the spring.

espresso

Energised wrote:

Er, ok then.

Powergen, definately the best customer service...........

Can't agree about that.

MATH

In my area BG is cheaper than Atlantic for electricity - I've just switched

broxis11

I have heard another rumour that there will be an announcement probably tomorrow morning!


Will be watching the morning news!