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New Click Energy 4 from British Gas?

I'm currently on British Gas Click Energy 3 dual fuel rates - I see that BG launched a new 'Click Energy 4' product on 1st October with new prices, and I want to compare 3 with 4. If the 'new' 4 is cheaper than 'old' 3, I'll switch. But BG make a comparison hard to do as it looks like they only have the 4 rates online:

Click Energy 4 Rates
http://www.britishgas.co.uk/products-and-services/energy/dual/click-energy/rates-page.html

Does anyone have the Click Energy 3 rates for comparison/or anyone know if this is a price cut or increase?
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Comments

  • cheeky
    cheeky Posts: 514 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    i am interested in energy 4 too - just been to a few price comparison sites and they all say its £70 PA cheaper than my EDF dual fuel deal (using £40 PM).

    You can also get £40 for switching with quidco :D
  • Erikin_2
    Erikin_2 Posts: 108 Forumite
    I’m still on Click 2.

    Just gone into my bills listed online and checked the rates I last paid in August – the rates are less than those quoted for Click 4.

    BG purchase blocks of energy in the market placed – when Click 2 became fully allocated then a further block was obtained to become Click 3, and I assume this is what has happened to bring about Click 4. Likely these contracts vary in conditions / price but how it is reflected in the various Click offerings is another matter.

    I would check your bill to see what the rates were to see how you stand with Click 4.
  • tightrs
    tightrs Posts: 517 Forumite
    Part of the Furniture 100 Posts
    Erikin wrote: »
    I’m still on Click 2.

    Just gone into my bills listed online and checked the rates I last paid in August – the rates are less than those quoted for Click 4.

    BG purchase blocks of energy in the market placed – when Click 2 became fully allocated then a further block was obtained to become Click 3, and I assume this is what has happened to bring about Click 4. Likely these contracts vary in conditions / price but how it is reflected in the various Click offerings is another matter.

    I would check your bill to see what the rates were to see how you stand with Click 4.
    i checked my electric prices against click 4, i am on click 2 and found click 4 cheaper in yorkshire so i swapped tarifs via quidco on monday but the £40 has not tracked yet :(
  • Erikin_2
    Erikin_2 Posts: 108 Forumite
    tightrs wrote: »
    i checked my electric prices against click 4, i am on click 2 and found click 4 cheaper in yorkshire so i swapped tarifs via quidco on monday but the £40 has not tracked yet :(


    Wonder if the difference is because I’m on dual fuel rates - you just mention electric ! I'm also Yorkshire.

    For electric:

    My CE2 rate tier 1 = 10.390. CE4 = 10.592.

    And CE2 rate tier 2 = 7.816. CE4= 7.869.

  • tightrs
    tightrs Posts: 517 Forumite
    Part of the Furniture 100 Posts
    sorry Erikin i looked at the prices before vat
  • SilverFox
    SilverFox Posts: 21 Forumite
    I've very recently been shopping around (to move on from my 'rip-off' price from PG/Staywarm -- £112pcm).
    The Click energy 3 rates, for GAS that I noted (last week) from the ukpower.co.uk website were 4.346p/kwh for the first 4572, then 2.21 for the balance.
    The newCE4 rates are shown as 4.344, then 2.141; the difference for my projected annual usage (obtained from S'warm as my last 12 months consumption) was £10pa cheaper.

    For ELECTRIC the CE3 rates were 11.185 for the first 900 then 8.936 for the balance; the CE4 rates are 17.026 then 7.183.
    My result (for a projected consumption of 6284kwh - again figure from S'warm) was a reduction of £39pa.

    The above figures are, of course, subject to the discounts offered by BG for ddm payment, of 10.3% for GAS and 4.8% (with a max. of £19pa) for ELEC. then a further £15 for dual fuel supply.

    Does this help??

    P.S. npower SOL8 figures for me, worked out at £7-£8pa cheaper than BG.
    I was seriously going to move to npower after a visit by a cold canvasser from npower (out of the blue) worked out a price for me slightly better than BG -- so with BG's questionable reputation in mind, I signed up.
    Silly blighter!! After she had gone, a did my own calculations and discovered that she had worked on ex VAT prices -- deliberately or erroneously, I don't know, but they were quickly kicked into the long grass!
    So rightly or wrongly I've signed up with BG . . .

    Sorry to waffle on.
  • SilverFox wrote: »

    Does this help??

    Sorry to waffle on.

    No need to apologise - that was one of the most informative, useful posts I have read here!
  • Thanks for your applause silverfoxuk, I only hope that I've got my facts dead right!
  • Terrylw1
    Terrylw1 Posts: 7,038 Forumite
    Thats an old sales trick...leaving out the VAT. If you look at Ebay you will come across that sort of advertising or products so you get a very happy potential buyer until they get to the bottom of the add and realise it's more expensive than the other correctly advertised products!!!

    There has been a few posts of late on here that have had that problem with Npower. Maybe it's a new tactic i.e. reverting to an old tactic!

    Doorknockers are a constant problem for things like that. Always best to do the math yourself.
    :rotfl: It's better to live 1 year as a tiger than a lifetime as a worm...but then, whoever heard of a wormskin rug!!!:rotfl:
  • my figures that ive typed in moneysupermarket have made click energy 3 cheaper than click energy 4 by 11 pounds.

    dont understand why. they are both monthly dd and duel fuel but click energy 3 is cheaper. ofcourse it'll work out cheaper with quidco but the running rates cost more
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