Price of fuel is coming down (British Gas - Combined)

Member Name: boband

Product:	British Gas - Combined
Date:	08/02/07 (121 review reads)
Rating:

Advantages: cheap fuel

Disadvantages: will go up again in the future

Last year and even now British Gas is the most expensive fuel company in the UK. This is due to bad luck. When British Gas bought gas for its customers it was at the highest whole sale price. I think the boffins at BG thought prices will go even higher. That didn't happened.

As the wise ones will know, rise in business taxes are always paid by the customers. Same is true of fuel prices. British Gas has increased price of gas by more than 100% in 24 months.

Generally people get duel fuel discounts which could amount to £20 a year, little money (I know) in comparison to the bills however it is still worth money. BG doesn't advertise this to the customer. Ask for it and you will get it.

Now some good news for BG customers. Prices of gas and electricity are coming down from middle of next month. BG will be the first company to do this. Others will follow as well as the wholesale price of gas has come down.

For the past two years BG has been the most expensive. Little relief for some as it will be the first to reduce prices. Will gas prices be cheap in the future. Probably not as supplies dwindle and demand increases.

I recommend both gas and electricity from one company as you will get duel fuel discount and maybe reduction in unit prices.

Summary: there you go done and dusted