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Gas price hike !

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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