What rates are you being offered by your provider at the moment?

pochase

If this is real you should go immediately for it.

This must be a mistake, this is the level from May before the £2800 cap was predicted.

QrizB

pochase said:

If this is real you should go immediately for it.
This must be a mistake, this is the level from May before the £2800 cap was predicted.

BG have a track record of occasionally offering ancient tariffs for no apparent reason.

I agree, if there's no obvious reason *not* to take it, you should take it.

vwnik

I have been offered this by Eon I am totally confused like most 
Thoughts on this please 

Our most popular tariff, perfect for those who manage everything online.

• Fixed prices for 12 months.
• No exit fees.
• 100% renewable electricity.**
• Pay by Direct Debit.
• Get a free smart meter*.

Monthly cost

£204.65

Annual cost £2,455.81

	Electricity
Daily standing charge	43.39p
Unit rate	51.33p per kWh
Assumed annual usage	2,693kWh
Estimated annual cost	£1,540.83

	Gas
Daily standing charge	27.22p
Unit rate	13.01p per kWh
Assumed annual usage	6,271kWh
Estimated annual cost	£914.98

si_74

vwnik said:

I have been offered this by Eon I am totally confused like most 
Thoughts on this please 

Our most popular tariff, perfect for those who manage everything online.

• Fixed prices for 12 months.
• No exit fees.
• 100% renewable electricity.**
• Pay by Direct Debit.
• Get a free smart meter*.

Monthly cost

£204.65

Annual cost £2,455.81

	Electricity
Daily standing charge	43.39p
Unit rate	51.33p per kWh
Assumed annual usage	2,693kWh
Estimated annual cost	£1,540.83

	Gas
Daily standing charge	27.22p
Unit rate	13.01p per kWh
Assumed annual usage	6,271kWh
Estimated annual cost	£914.98

Is all a bit of guess work until the new cap is announced at the end of August, but those unit rates are higher than the predictions that are being talked about. In my opinion too high to go for even with no exit fee and, on current information, I would sit it out on the standard variable tariff. 

wibbler

Sunshine91 said:

I'm with British Gas. Just noticed a new tariff being offered (when logging into my online account - quite by chance!)

Tariff is called Exclusive Fixed Energy v16 and well worth it if it's being offered to you, check it out!

Is this just for existing customers? When I go through their site (I'm not a current BG customer), they just tell me I should stick with my current tariff.

pochase

wibbler said:

Sunshine91 said:

I'm with British Gas. Just noticed a new tariff being offered (when logging into my online account - quite by chance!)

Tariff is called Exclusive Fixed Energy v16 and well worth it if it's being offered to you, check it out!

Is this just for existing customers? When I go through their site (I'm not a current BG customer), they just tell me I should stick with my current tariff.

As the name exclusive says it will be just for existing customers.

Worse, it will be only just for a small number of existing customers as here unit rates are offered that belong into May and are not viable today.

wibbler

pochase said:

Worse, it will be only just for a small number of existing customers as here unit rates are offered that belong into May and are not viable today.

Thanks. So near to finding a way out of energy hell, yet so far

brewerdave

stuartshouse said:

Hi Want to know if this is a good deal or not

Electric Standing Charge: 48.87p
Unit: 33.80kWh

Gas Standing charge: 34.07p
Unit: 10.19kWh

Thank you for your help

That BG tariff is better than the one I took 2 months ago !! Now I just got offered two Oct. fixes which are far worse than the May tariff I changed to !  Grab it with both hands !!

Doc_N

stuartshouse said:

Hi Want to know if this is a good deal or not

Electric Standing Charge: 48.87p
Unit: 33.80kWh

Gas Standing charge: 34.07p
Unit: 10.19kWh

Thank you for your help

As others have said, that's an excellent deal - if British Gas will actually allow you to sign up to it.  That does look very much like an error, and people are being offered much poorer rates.

For the record, this is what I was offered a few days ago as an existing BG customer with a fix ending in early October:

Exclusive Fixed Energy v20

Electricity

Standing Charge - 28.40 p/day

Unit Price - 50.214 p/kWh

Gas

Standing Charge - 24.48 p/day

Unit Price - 15.157 p/kWh

Fixed Term - 1 year

Cancellation Fees - None


That's about £650 pm for me as against £200 at the moment, but that's going to increase to at least £510 in October, probably more.  Green Energy want about £500 pm on their Sparkling tariff.

The Green Energy deal is a lot better, but it would mean switching away very early from what is currently a very low tariff, so it makes little sense at present (I think!) to move.  I still reckon that political pressure will oblige the 'new' government to manipulate the 1 October increase to keep it well below the predicted 65% - I'm not sure they'll be keen on Poll Tax riots!

fredsnail

Currently on EDF standard as fixed dal ended.  They are currently offering a fixed deal for 2 years with £300 early exit fee:

Electric 
Unit cost 43.1p
Standing charge 48.15p

Gas
Unit cost 13.438p
Standing charge 27.22p

My monthly estimated cost is £217 (currently £150).


My gut feeling is I don't want to lock in for 2 years with so much volatility but what do you think?