British Gas Variable rate available now?

RL11

They did not say that the price they quoted will apply at the end of the fix or from 1st July. They said "We’ll change your Gas & Electricity tariff over to our Standard Variable within 24 hours" - and they have. The variable price they quoted was 7p, so I don't see why I would be on anything other than 7p immediately. If it starts 1st July they have misled me. Difference in cost for two weeks is minimal anyway but it is now the principle of a misleading quote that bothers me

QrizB

RL11 said:

They said "We’ll change your Gas & Electricity tariff over to our Standard Variable within 24 hours" - and they have.

If you have taken the offer, you should be able to see what your new tariff is now.

What are the rates?

... it is now the principle of a misleading quote that bothers me

You won't know if it was misleading or not, until you see the tariff applied to your account.

[Deleted User]

Hi,

RL11 said:
This works out approx £30 less per month than what I pay with my fixed deal, so I chose to switch. Now I'm wondering if it won't kick in until 1st July - not that it's far off anyway. But, presumably, BG should be charging me the new quoted  variable tariff rate from today?

from BG,

Changes to our variable tariffs

We’re reducing prices for our variable priced tariffs from 1st July in line with Ofgem’s energy price cap. Variable tariffs shown below have been updated with the new prices. However, they wont come in effect until 1st July 2023.

RL11

They have sent me emails today (gas & electric separately), confirming my new tariff starts from 13th June, showing the tariffs they quoted me but stating they start on July 1st. I have no idea what my prices are before then, as they have not told me!

RL11

Found out the current variable rate tariff via BG Chat and overall I will be paying marginally less than I was with the fixed rate, even with the pre-July 1st tariff. Gas rate slightly higher but using hardly any at this time of year. Electric rate lower, so I save a few quid on that.

[Deleted User]

Hi,

RL11 said:

Found out the current variable rate tariff via BG Chat and overall I will be paying marginally less than I was with the fixed rate, even with the pre-July 1st tariff. Gas rate slightly higher but using hardly any at this time of year. Electric rate lower, so I save a few quid on that.

so how do rates compare to your first lot?

EUR: 29.948p
ESC: 58.28p
GUR: 7.713p
GSC: 29.106p

RL11

Current BG Variable:
+EUR: 32.789p
=ESC: 58.28p
+GUR: 10.511p
=GSC: 29.106p

So unit rates are dropping but standing charges remain the same ridiculously high rates

Scot_39

Yes Ofgem's average standing charge for duel fuel is c£300 - with about £87 iirc variation from cheapest electric to most expensive (London to NW & Mersey iirc,  gas isn't regional)

They went up for various reasons over last year or so.

Initially a big part of step was the SoLR levy for the failed supplier but now that has reduced other network charges are kicking in.

My sis came off a 2 yr fix for electric in Mar - her SC and unit rate - even with EPG - doubled.

Bad enough at TDCV levels - but a really significant chunk for low users.

But their is no right answer that will please everyone - some low users want it all in unit rates, high users obviously do not.

Me - as a low user - I just accept it - like I accept I have to pay for my car, it's insurance, VED and MOT/servicing - whether I use it once a week or several times a day / every day - and not just the fuel it uses when I go anywhere.