British Gas decrease

broxis11

tripled wrote:

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.

It`s worth remembering that SSE just increaed the prices on the 1st of January, 2 or 3 weeks before announcing their `decrease`..

masonic

broxis11 wrote:

It`s worth remembering that SSE just increaed the prices on the 1st of January, 2 or 3 weeks before announcing their `decrease`..

So did British Gas for their Click Energy / Discounted electricity tariffs.

tripled

broxis11 wrote:

It`s worth remembering that SSE just increaed the prices on the 1st of January, 2 or 3 weeks before announcing their `decrease`..

However S&S did announce their price increase in October/November last year, so if the artice has been properly researched, you would expect them to have taken that into account.

BBB

broxis11 wrote:

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


Will be watching the morning news!

any idea how much by?

Mercenary

Having finally escaped the clinging grip of BG and it's utterly ineffective CS, it would be a very cold day in hell before I'd go back.

Even dropping their prices 17% will only bring them roughly in line with Atlantic's prices now...and Atlantic will be reducing again soon.

dc

17% when they are paying more than 50% less at their end:rolleyes: :rolleyes2 , you cannot but help admire their generosity.

Karrie

Silly me - opted to fix my prices with British Gas because I was struggling to pay and scared of more increases! :mad: I think I would have to pay £50 to opt out of the fixed price scheme

dc

Then move to someone like Ebico/Equigas/Equipower if you will be paying more and avoid the £50 and possibly save even more.

broxis11

Karrie wrote:

Silly me - opted to fix my prices with British Gas because I was struggling to pay and scared of more increases! :mad: I think I would have to pay £50 to opt out of the fixed price scheme

You are still a bit cheaper staying on the 2010 offer.

tripled

dc - percentage comparisons are absloute rubbish. Less than half the price consumers pay for gas is actually for the gas, the rest goes towards investment into new supplies, to the pipeline companies (who just increased their charges), running the callcentres, admin for your account (meter readers, data collectors, printing bills) and of course a slice of profit, so a % comparison is way off.

What would be accurate is 'the price of wholesale gas has dropped by x pence per kwh, BG has dropped my price by y pence', which is more/less than the drop in prices, the generous people/robbing barstewards'.

Karrie - if you are on fix and fall there is no cancellation fee. If you are on price protection 2010 your rates will still be cheaper, as will 2007 (which finishes in April anyway). I'm not sure about 2009 - it depends which version you are on (one was cheaper than the other) so it may be worth checking into that.