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B.G. fixed rate offer

NorfolkCanary
NorfolkCanary Posts: 191 Forumite
Part of the Furniture 100 Posts Photogenic Combo Breaker
edited 18 August 2023 at 11:01PM in Energy
British Gas have offered me the following rates as an existing customer:
Unit rates fractionally lower than current. I'm intriuged as to how they'd manage E7 readings on a smart meter as I remeber that used to be an issue for them :/ (I have no specific switched circuits). Not worried about 'small' price rises, though obviously saving ££ would be handy otherwise none of us would be here :) !
If I asked to be switched to single rate billing, does anyone have a clue whether they'd still offer a fix of some sort?
Alternatively, If I was to switch to e.g. Octopus, how long would I need to be a customer before getting fixed offers?

Comments

  • CSI_Yorkshire
    CSI_Yorkshire Posts: 1,792 Forumite
    1,000 Posts Photogenic Name Dropper
    They claim that the smart meter / E7 thing isn't a problem any more - but evidence is still mixed.

    There should be fixes for single rate, but I'm not with BG so can't check.
  • maisie_cat
    maisie_cat Posts: 2,141 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Academoney Grad
    When BG offered me a deal the other week I used cornwall insights to get an idea of the forecast rates.  I calculated that for the period of the fix I would be better off staying with variable.
  • CSI_Yorkshire
    CSI_Yorkshire Posts: 1,792 Forumite
    1,000 Posts Photogenic Name Dropper
    When BG offered me a deal the other week I used cornwall insights to get an idea of the forecast rates.  I calculated that for the period of the fix I would be better off staying with variable if the forecasted rates turn out to be accurate.
    Important distinction.
  • Hi,
    I fixed with BG last week, Smart Aug 24, if new cheaper fix comes out, no penalty to switch to another BG fix.
  • la531983
    la531983 Posts: 3,780 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I have been with Octopus since Feb and not been offered any fix yet. Not that I would take one anyway as I am on their Tracker rate. 
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