British Gas Launch new cheap fixed rate tariff

Compare on Uswitch to see if the new British Gas tariff can cut your bills*

Respond to Ofgem's Standing Charge Consultation

Hey guys,

I wasn't planning on posting any updates today, there's work going on with the report but it's not ready for release yet, but I've just been informed that British Gas are offering a new fixed rate tariff and wanted to let you guys know. This is likely to be a significant saving for most of us. 

The new British Gas tariff is £75 lower than the October price cap, and as the January price cap is predicted to go up another £45, this British Gas tariff will be around £120 cheaper than the January price cap. 

Saving around £100 on your energy bills might not sound like a lot, but it only takes 15 minutes to do, so thats basically like earning £400 an hour (but there's only 15 minutes worth of work a year). I genuinely recommend getting off of the price cap tariffs as soon as possible, its best for all of us not to be subject to the whims of Ofgem (which you aren't, when you're on a fixed rate deal). 

Anyway, while I'm here I wanted to let you know that there are a couple of Ofgem consultations that I'll be addressing next week, so keep your eye out for those consultation responses. Also, you still have change to reply to Ofgem on the Standing Charges consultation, click the second link above for instructions. 

Thanks everyone, have a great weekend!

Richard Winstone

*I have to do this to be compliant, so: DISCLAIMER: The first link at the top of this update is an affiliate link. This means that if you click them, run a price comparison and ultimately switch service provider, I will receive a commission. This commission helps fund the regulatory work that I do. The commission does NOT increase the price you pay for the services,  you'll see the same prices whether you go through the link above, through the price comparison site directly or if you go direct to the service provider.