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British Gas Gas Tariffs
British Gas (www.britishgas.co.uk) offers four gas tariffs: Click Energy 5, Standard, Fixed Price and Market Tracker. Discounts are available across these tariffs, however the most generous are given to those who opt for a dual fuel package.
Click Energy 5 - Combine this online gas tariff with Click 5 electricity and you’ll be able to enjoy the biggest discount possible from British Gas. Read our full overview.
Yearly Savings:
Versus the British Gas standard gas tariff, up to: £26 off
Discounts:
For Direct Debit payments: £55 off
Average sign up discounts: £45 off
Total Saving: £100
You could save up to £100 from your typical yearly gas bill by switching your gas to the Click Energy 5 tariff, paying by direct debit, and opting for a dual fuel deal.
By taking your own meter readings and managing your own account, ruling out the chance of being overcharged. There are no cancellation fees or tie-ins, so you’re free to leave the tariff should anything go wrong. You can also be a little bit greener with paperless billing.
Don't forget
If you’re not confident online or prefer more traditional billing methods then the self-management system associated with Click Energy 5 (taking meter readings, paying bills online) may not be for you. This tariff is only available for those with credit meters, ruling out prepayment customers.
Is it right for me?
Click Energy 5 potentially offers the largest saving in discounts, especially if you opt for a dual fuel package, so if you’re prepared to take meter readings and want to save money, this deal is for you.
Standard Gas - The standard gas tariff is available to new and existing customers and open to customers with credit and prepayment meters.
Discounts:
For Direct Debit payments: £39 off
Dual Fuel: £15 off
Total Saving: £54
You could save up to £54 on your typical yearly gas bill.
The standard tariff comes with no cancellation fees or tie-ins (allowing you the flexibility of switching again without incurring costs), and discounts are on offer for customers that show loyalty and opt for a dual fuel deal.
Don't forget
Paying by direct debit and bundling a gas and electricity package may not suit everyone. Click Energy 5 is a more economical option if you can handle managing your own online account.
Is it right for me?
This could be the best tariff for you if the risk element of the Market Tracker and online aspect of Click Energy 5 don’t appeal. Howver if you want to save the maximum amount consider managing your account online as the discount available are far greater.
Fixed Price 2011 – The British Gas Fixed Price Gas tariff caps your gas prices at the current rate until September 2011, so if electricity prices increase your rates will remain uneffected providing peace of mind in an unstable market.
Discounts:
For Direct Debit payments: £39 off
Sign up online: £15 off
Total Saving: £54
You could save up to £54 on your typical yearly gas bill.
The Fixed Price 2011 tariff is available to new and existing customers, allowing you to fix your gas prices until the 30th of September 2011.
Don't forget
If you wish to leave during the contracted period and switch tariffs you will be subject to cancellations fees. This is £70 for your gas supply however these charges will not apply if you are moving home.
Is it right for me?
The Fixed Price 2011 tariff provides one of the longest fixed rate gas deals in the market, which can appear tempting given the current climate however please note the cancellation fees if you do decide to leave and also that your rates will remain uneffected in the event that British Gas reduce their gas and electricity prices.
If you want greater control over your gas bills whether current or future then this tariff is right for you, guaranteeing the price you pay will not change until 2011.
Market Tracker – The British Gas Market Tracker tariff will track any movements in the energy market prices until the end of August 2008. Once a quarter (every three months), your prices may change to reflect how changes in the wholesale price have affected the cost of buying gas for your supply. Your rate is then fixed for that 3 month period.
Discounts:
There are no discounts associated with this tariff
The British Gas Market Tracker follows independent market prices much more closely than the traditional energy bill; therefore you will benefit if the competitors of British Gas reduce their gas prices.
Don't forget
Prices may go up or down depending on movements in the energy market. If prices rise in the marketplace then you will pay more for your electricity supply, which represents a risk.
Is it right for me?
The Market Tracker is a tariff designed for those who want to pay the market price for gas in relation to the rate charged by other suppliers. If you’re prepared to take the risk that prices will fall then sign up. Provided your forecast is correct, then you could save yourself a considerable amount of money.
Be warned that should market prices increase and you decide to switch to another tariff, you cannot return to the Market Tracker tariff until your original agreement has expired.
If you like to know exactly how much you’re paying and prefer to pay a set rate, this is not the tariff for you.
