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MSE News: MSE Big Energy Switch Event 5: British Gas £300/yr saving for new &...
We've negotiated cheaper than the cheapest gas & elec prices - and locking in now protects you...
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'MSE Big Energy Switch Event 5: British Gas £300/yr saving for new & existing customers'
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'MSE Big Energy Switch Event 5: British Gas £300/yr saving for new & existing customers'
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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Cheaper than the cheapest? Sorry. Both one year and two year tariffs more expensive than my current fix, (expires end of July 2018,) although technically, in retrospect, my tariff is no longer available on the market.
(You may wish to rephrase your headliner?)
(Also "locking" opposed to fixed?)
What i love about these MSE threads is, someone posts a thread, but never returns to take part in the conversation.
Barney - It just got up and went.
Carpe diem
I switched last February (to the MSE collective) with BG.
The email about the new BG tarrif suggests that BG will not charge me if I take up the current offer; but when I log into the Energy Saving Club site it warns me I may be charged up to £60 if i switch.
Could :money: please clarify?
Many thanks!
Indeed not cheaper than the 8 deals which appear on your Cheap Energy Club above the BG offer.
And NO claim of yours is valid whilst you change the "fixed" prices - and you did change them on the fly today - didn't you, MSE?
Several times.
Barney - It just got up and went.
Carpe diem
I can confirm this. I took up their "fixed" BG offer at 9.408p/unit elec and 2.604p/unit gas yesterday.
It is now advertised "fixed" at 9.293p/unit for electricity and 2.562p/unit for gas. Standing charges are the same.
This is misleading. :mad:
you might be lucky and end up with the lower prices? The only reason I say that is because I also took the previous BG fix (Till Feb 2017) and my tariff was supposed to be 18.9p daily charge yet on my actual bill I am being charged 18.00p (its not going to make a massive difference but it is making it difficult to calculate if I should consider switching to the new BG fix).
I am in a similar position to the previous person in that when I log into my account on MSE energy club it suggests that I will be £1 per month worse off if I fix , however I have calculated that this doesn't take into consideration the £30 cashback (and I'm unable to confirm if this is the case?). However I have assumed I will not pay the penalty charge of £60 for exiting early because that is what MSE email suggested.
So in theory I might be able to switch and the cashback would make my annual bill £18 cheaper AND I would be fixing my energy prices until October 2017 (instead of the current fix till Feb 2017).
I'm unsure what to do as its not that clear
Hi there
British Gas has told us that you won't pay exit fees if you switch from one tariff (including the February collective) to this new collective tariff with it. This applies whether you're with British Gas or Sainsbury's Energy.
Just to add, the warning note on the CEC homepage is based on the fact you're getting a full market comparison - so if you did choose to move elsewhere, you would pay the exit fee.
I hope that helps.
Hi all
Just to confirm on this, at the point the tariff was launched the average price was £765. But in response to a cheaper tariff being released overnight, we pushed British Gas to try and improve the price, pleasingly it was able to do so, meaning that on average the cost is now £755.
British Gas has done this via a reprice on the original fix, meaning that all users who switched before the cut in the unit rates will also receive this.
I hope this helps to reassure you, ultimately this is positive news as it means your costs will be reduced.
I'm not going to add much to the previous discussions around the 'cheaper than the cheapest' messaging. The basis for this is highlighted in the email around it being based on average prices (according to Ofgem usage) and of course through Cheap Energy Club we do always provide you with a full market comparison. The main thing is to encourage people to switch - it makes not difference to us if this is to a collective or non-collective tariff.
I hope this helps.