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British Gas' electricity bill seems too high

textbook
textbook Posts: 909 Forumite
Part of the Furniture 500 Posts Name Dropper Combo Breaker
edited 21 September 2021 at 12:24PM in Energy
From later this month British Gas want to change my fees for electricity to -

23.7p day

11.8 night and standing charge  27.4

this is a fixed tariff for two years.    Shall I change to someone else?

The variable is cheaper 

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 11 August 2021 at 11:05AM
    The variable price is subject to a price cap with an increase announced from the 1st October. Do a full market price comparison based on your actual day and night usage over the last 12 months before sticking with BG.
  • Robin9
    Robin9 Posts: 13,075 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    @textbook  Make sure you are using an ACTUAL ANNUAL CONSUMPTION which you can calculate for yourself from your bills - look for bills 12 months apart where the meter reads have the letter A or C against them (don't use ones with E)

    Variable may be cheaper now but can be changed several times over the 2 years. 
    Never pay on an estimated bill. Always read and understand your bill
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