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Gas price hike !

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pennies2pounds_3 Posts: 393 Forumite

20 June 2005 at 4:09PM in Energy

Domestic gas bills are expected to soar this winter as the future cost of gas hits record highs. The price of gas for delivery in October is currently 66p a therm, a 75% premium on this point last year.

However, to give consumers more piece of mind, fixing the cost of your gas for a set period could also prove beneficial. As with a fixed mortgage product, the customer fixes the cost of their gas for a set period, usually between 18 months and two years.

Powergen customers pay around 7p a day extra to fix their gas price until April 2007, which will cover the next two winters. Other companies that offer a fixed-rate deal includes Scottish Power and Npower. Hope this helps a few gas users.

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Gas price hike !

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