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New fixed tariff

Just to share some info: I was offered a fixed rate from B Gas called Exclusive Jul23v2; fixed for a year with no penalty for opting out (still keeping with B Gas).
Think this is for existing customers only. It means 19% increase to my bills now but hoping in Oct I’ll be benefitting. Had a problem signing up for it as a week after the email offer came out, they had withdrawn it! I made a complaint via Webchat and it was sorted. 
Then they backdated it by almost a month! Made another complaint via Webchat and apparently it will start from 1st July. 

Comments

  • lohr500
    lohr500 Posts: 1,468 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Did you base your decision on any estimated monthly payment costs they quoted, or by comparing the actual per kWh rates/standing charges on your old and new tariffs? 
    A 19% increase sounds too good to be true unless you were on a particularly bad tariff before.
  • QrizB
    QrizB Posts: 21,432 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Welcome to the forum.
    Jules_07 said:
    Just to share some info: I was offered a fixed rate from B Gas called Exclusive Jul23v2; fixed for a year with no penalty for opting out (still keeping with B Gas).
    In my region, that tariff is:
    • Gas - 10.958p/kWh, 30.645p/day
    • Elec  - 37.508p/kWh, 50.929p/day
    • Total £2700.36/yr, 37% increase from the current cap.
    By current standards it's quite a good deal but I do note you say:
    Had a problem signing up for it as a week after the email offer came out, they had withdrawn it! I made a complaint via Webchat and it was sorted.
    If it's already been withdrawn, it's probably a bit late to share it with other BG customers.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
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