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British Gas Offer - is it really the best option?
Quietearth
Posts: 25 Forumite
in Energy
My energy supplier is British Gas and I am on a duel fuel fixed tariff until end February. I assume that when this ends BG will just flip me onto their standard tariff.
They have emailed me with an offer to switch to their cheapest fixed tariff, called Exclusive Fix May 2023 (I have until 20 Dec to decide). They have only quoted for gas (rather oddly?), which is:
They have emailed me with an offer to switch to their cheapest fixed tariff, called Exclusive Fix May 2023 (I have until 20 Dec to decide). They have only quoted for gas (rather oddly?), which is:
| Standing charge: |
| 26.123p/day |
| Unit rate: |
| 5.425p/kWh It lasts for 15 months. Is this my best option or should I simply wait and let the standard tariff kick in? Like so many I am struggling on a low income and am trying to keep my energy use to an absolute minimum. even on my current tariff. Many thanks |
0
Comments
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Take Martin's advice and let the SVR kick in.4.29kWp Solar system, 45/55 South/West split in cloudy rainy Cumbria.1
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That's better than most of the new fixes available but still to high to commit1
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Possibly indicates that fixes are beginning to come down a bit though - which means all the more “do nothing” as if prices are beginning to stabilise there is hope more movement still to happen. 100% get the benefit of letting your existing fix run though!🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25
Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her1
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