Exclusive Jul 23v1 (Fixed) British Gas

CRISPIANNE3

Some many times I have thought in recent days should I fix my electricity or not. However today I have taken the plunge and fixed with BG for the fix until July 31 2023. For me it's  the most sensible thing to do. 

jefferson89

Chelt_chap said:

Given the news today about the october price cap rise is this a good deal now? 

Gas tariff costs

Estimated costs may change depending on your actual usage.

Estimated cost

£116.79 / month

£1401.48 / year

Standard unit rate

10.530p / kWh

Standing charge

30.645p / day*

Exit fee

£75.00 / fuel

Electricity tariff costs

Estimated costs may change depending on your actual usage.

Estimated cost

£87.62 / month

£1051.40 / year

Standard unit rate

34.952p / kWh

Standing charge

54.292p / day*

Exit fee

£75.00 / fuel

Hey Pal, having a similar issue like yourself.  Are you able to confirm for me on your british gas account, when you was looking at this tariff, under the section "illustrative cost for this tariff"  (gas and electric) can you confirm what assumed annual consumption you were presented with. Currently on my account for this tariff i have electric as 2,900kWh and Gas as 12,000kWh.  I am trying to find out if these are personal projections or average use projections?

Mstty

jefferson89 said:

Chelt_chap said:

Given the news today about the october price cap rise is this a good deal now? 

Gas tariff costs

Estimated costs may change depending on your actual usage.

Estimated cost

£116.79 / month

£1401.48 / year

Standard unit rate

10.530p / kWh

Standing charge

30.645p / day*

Exit fee

£75.00 / fuel

Electricity tariff costs

Estimated costs may change depending on your actual usage.

Estimated cost

£87.62 / month

£1051.40 / year

Standard unit rate

34.952p / kWh

Standing charge

54.292p / day*

Exit fee

£75.00 / fuel

Hey Pal, having a similar issue like yourself.  Are you able to confirm for me on your british gas account, when you was looking at this tariff, under the section "illustrative cost for this tariff"  (gas and electric) can you confirm what assumed annual consumption you were presented with. Currently on my account for this tariff i have electric as 2,900kWh and Gas as 12,000kWh.  I am trying to find out if these are personal projections or average use projections?

They are industry standard average use projections and not personal to you.

Do you know your annual consumption in kWh to work out the true cost yourself?

jefferson89

Mstty said:

jefferson89 said:

Chelt_chap said:

Given the news today about the october price cap rise is this a good deal now? 

Gas tariff costs

Estimated costs may change depending on your actual usage.

Estimated cost

£116.79 / month

£1401.48 / year

Standard unit rate

10.530p / kWh

Standing charge

30.645p / day*

Exit fee

£75.00 / fuel

Electricity tariff costs

Estimated costs may change depending on your actual usage.

Estimated cost

£87.62 / month

£1051.40 / year

Standard unit rate

34.952p / kWh

Standing charge

54.292p / day*

Exit fee

£75.00 / fuel

Hey Pal, having a similar issue like yourself.  Are you able to confirm for me on your british gas account, when you was looking at this tariff, under the section "illustrative cost for this tariff"  (gas and electric) can you confirm what assumed annual consumption you were presented with. Currently on my account for this tariff i have electric as 2,900kWh and Gas as 12,000kWh.  I am trying to find out if these are personal projections or average use projections?

They are industry standard average use projections and not personal to you.

Do you know your annual consumption in kWh to work out the true cost yourself?

hey pal, well your response poses a dilemma i am trying to work out, i have done a post in "energy" called " Time to fix my energy bill? - British Gas Misleading Customers?"  (unable to post links yet).  But if you look at my first post the offer British gas is giving me then is heavily undercharged , so i would hate to join but then its not actually correct. 

My usage is approx about 8000kwh Gas and 2000kwh for electric

jefferson89

Mstty said:

jefferson89 said:

Chelt_chap said:

Given the news today about the october price cap rise is this a good deal now? 

Gas tariff costs

Estimated costs may change depending on your actual usage.

Estimated cost

£116.79 / month

£1401.48 / year

Standard unit rate

10.530p / kWh

Standing charge

30.645p / day*

Exit fee

£75.00 / fuel

Electricity tariff costs

Estimated costs may change depending on your actual usage.

Estimated cost

£87.62 / month

£1051.40 / year

Standard unit rate

34.952p / kWh

Standing charge

54.292p / day*

Exit fee

£75.00 / fuel

Hey Pal, having a similar issue like yourself.  Are you able to confirm for me on your british gas account, when you was looking at this tariff, under the section "illustrative cost for this tariff"  (gas and electric) can you confirm what assumed annual consumption you were presented with. Currently on my account for this tariff i have electric as 2,900kWh and Gas as 12,000kWh.  I am trying to find out if these are personal projections or average use projections?

They are industry standard average use projections and not personal to you.

Do you know your annual consumption in kWh to work out the true cost yourself?

https://forums.moneysavingexpert.com/discussion/comment/79227030#Comment_79227030

Merciful

Is this a "good" deal (using the term relatively) just for the electricity portion?

I've been offered the same as the OP (same area) and am currently on the SVT (27.8 unit and 48.1 standing) with a usage of 3026kwh per year. It works out at £20 extra for the next 4 months by my dodgy maths.But would I get that back after October, through to July?

I'm currently with another supplier for gas, which is a whole different question!

BUFF

Merciful said:

Is this a "good" deal (using the term relatively) just for the electricity portion?

I've been offered the same as the OP (same area) and am currently on the SVT (27.8 unit and 48.1 standing) with a usage of 3026kwh per year. It works out at £20 extra for the next 4 months by my dodgy maths.But would I get that back after October, through to July?

How good is your crystal ball? Nobody knows for sure ...
I suspect that there isn't going to be a massive difference between sticking on SVT or taking the fix so it may come down to how much you value certainty.

Merciful

If my crystal ball was working it would have foreseen my electricity supplier (PFP) going pop. So it is back under it's velvet cover

For what it's worth I think you may be right, I'm sure British Gas wouldn't be offering this as a "loss leader" and would expect to make money on it, as you say from those that need surety for either peace of mind or budgetary reasons.

Still bugadifikno what to do though

QrizB

Merciful said:

Still bugadifikno what to do though

I've posted a quick-and-dirty decision-making aid here:
https://forums.moneysavingexpert.com/discussion/comment/79228227/#Comment_79228227

Merciful

I like quick and dirty. I've been married for 24 years. YMMV.