Shall I stay with British Gas on the proposed new tariff?

textbook

my tariff is coming to end.  Shall I just move ti rhe fixed tariff here?

Bigphil1474

Have a look on the comparison sites. Don't just switch to another BG fix unless it's the cheapest supplier you are happy to go with.

Taking a one year fix out is a bit of a gamble as we don't know what will happen next year - you could be better off with a 12 month fix, or might be worse off. The fix means you know what you will be paying for 12 months rate wise, so it offers some stability. Either way, you'll be paying less than your current fix which is good.

If that BG fix is the best you can get, then I'd take it if I were you. You can always change to another BG fix for free if there is a better one say in 6 months time, but you would have to pay the £50 to exit if you went to another company.

textbook

Bigphil1474 said:

Have a look on the comparison sites. Don't just switch to another BG fix unless it's the cheapest supplier you are happy to go with.

Taking a one year fix out is a bit of a gamble as we don't know what will happen next year - you could be better off with a 12 month fix, or might be worse off. The fix means you know what you will be paying for 12 months rate wise, so it offers some stability. Either way, you'll be paying less than your current fix which is good.

If that BG fix is the best you can get, then I'd take it if I were you. You can always change to another BG fix for free if there is a better one say in 6 months time, but you would have to pay the £50 to exit if you went to another company.

Do you know the link for the comparison site?

molerat

https://clubs.moneysavingexpert.com/cheapenergyclub/login