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    British Gas to hit millions of customers with up to 9% price hike! UPDATE: Scottish Power prices going up too! - British Gas are now holding off on the price increase!

    Editor
    UPDATE
    British Gas have now decided to freeze it's prices until August this year!
    Which is fantastic news for a lot of people. No one likes a price hike, especially when they come out of the blue - Source

    Also: Scottish Power are also increasing their tariff prices this March See here
    -------------------------------------------------------------------------------------------

    First NPower, now British Gas are raising their prices and it could come into effect as soon as next month!

    It seems this will affect around 11 million customers with their bills going up by around 9 per cent. This would add nearly £100 a year to the average fuel bill, it could be time to shop around.

    Looks like as soon as soon as one increases, the others follow suit ...

    More Info

    121 Comments

    if you have a fixed deal ending you might be in for a bit of a shock, prices have been going up for the past few months, our next deal will be £250 a year higher than the one we are currently on. Find a good fixed deal with no exit fee, then you aren't locked in if prices drop, probably wont but even Mr Lewis got caught out a few years ago so who knows. Problem is that more and more companies are adding exit fees and they also aren't as cheap as they used to be.

    it's time the government done something about all these price increases and make looking for a quote a lot simpler process I got a letter from npower regarding the increase I decided to look into switching and the hoops to go through to get a quote was unbelievable then trying to figure out which one was the cheapest was giving me a headache.

    brexit, everythings rising.. council tax 9%, gas/electric 9%, water 6% , petrol 15% (in the last year).

    we all knew it would happen. hopefully with the french and german votes coming soon, our sterling may gain some value on the euro

    Shopping round at the moment, tempted to go for Sainsbury's energy as they are offering £100 reward card.

    scaryvonne

    it's time the government done something about all these price increases … it's time the government done something about all these price increases and make looking for a quote a lot simpler process I got a letter from npower regarding the increase I decided to look into switching and the hoops to go through to get a quote was unbelievable then trying to figure out which one was the cheapest was giving me a headache.


    Just go on a compare site USwitch is one of many- MSE also have one , put in your current usage (from your last bill) . No Hoops ,Dead simple and you can switch to a cheaper deal seamlessly ( I do it every year) . Its old folk or those without internet access I feel for who cannot do this .

    If anyone can post on here they can do a comparison and switch - as they can for Home or Car Insurance . Go through TCB or Quidco for possible cashbacks also . Of course you could go through HUKDs energy switch (shamelessly plastered all over this site) and let HUKD have your Cashback - Members choice -its a free world .


    Edited by: "rogparki" 10th Feb

    My current fix ends on April 1st and I've looked at prices on and off for about two months now. My current fix is so much cheaper than anything I could even get back in December (£30 a month cheaper!) that it's worth me seeing it through, as obviously I use more energy in winter than spring/summer. So I'm praying prices do drop in summer so I can hop onto another cheaper fix before next winter.

    I can only hope that the pound recovers some of it's value as the Brexit vote is costing everyone in the pocket at present, be it gas prices, holiday prices, the price of new technology etc. The Bank of England really really need to raise interest rates a little which would aid the pounds value and keep inflation in check.

    The Brexit effect. But that's none of my business.

    petrols normal as we are use to it but the minimum wage has gone up so will everything else, its still the same then they say liveing wage.... i just changed my gas and electric supplier to SSE dont no if their good

    Prices are getting high and going up!

    They say its consumer spending propping the economy....not for long at this rate!

    It's nothing to do with Brexit, no matter how people would like it to be. It wasn't Brexit when they raised their prices last winter, and the winter before that ad infinitum. It is just simply GREED on their part at our expense.

    Mine ends April too , it was of course much cheaper last year when I last switched so I will expect to pay 5% - 8% more this year . The emails I get telling me how much I can save (typically £200- £300 a year) are based on my suppliers current variable rate , not the rate I am on . You just need to compare and go for the best deal (it will vary for each household depending on your area and your usage ) .Go onto a switch site, put your usage in (from your latest bill) and the site will show you the options and prices (you don't have to work it out yourself - Even I can't do that !) .

    If you are currently on a good deal don't expect to beat it this year (energy prices have gone up 5-10% ) if your deal has run out or is about to just try to limit the increase . If you haven't switched before - try it - and you may find a cheaper deal than you are currently on , even with the price rises .

    Always compare - I have Car Insurance to do this month , Energy Bills next month (You can switch 42 days before your current deal runs out without penalty - but I doubt that will be wise in most cases this year ).

    I used to enjoy saving a few quid by comparing - Now its a pain , but has to be done these days otherwise you end up paying over the odds for everything - Energy, Breakdown cover , Home and Car Insurance etc .

    Predikuesi

    It's nothing to do with Brexit, no matter how people would like it to be. … It's nothing to do with Brexit, no matter how people would like it to be. It wasn't Brexit when they raised their prices last winter, and the winter before that ad infinitum. It is just simply GREED on their part at our expense.


    Err - actually prices dropped last year -for petrol and for Home energy ( that's why I got a 1 year fix )- Would help if you got your facts right
    Edited by: "rogparki" 10th Feb

    whatyadoinsucka

    brexit, everythings rising.. council tax 9%, gas/electric 9%, water 6% , … brexit, everythings rising.. council tax 9%, gas/electric 9%, water 6% , petrol 15% (in the last year).we all knew it would happen. hopefully with the french and german votes coming soon, our sterling may gain some value on the euro



    Absolute rubbish.

    Oil prices are going up as are other fossil fuels. The oil price rises so people switch to other sources such as LNG, Methanol, coal etc which causes their prices to rise as the demand increases.

    The GBP has suffered against other currencies largely due to uncertainty of Brexit caused by the Remoaners who simply cannot accept the democratic decision that was made.

    rogparki

    Just go on a compare site USwitch is one of many- MSE also have one , … Just go on a compare site USwitch is one of many- MSE also have one , put in your current usage (from your last bill) . No Hoops ,Dead simple and you can switch to a cheaper deal seamlessly ( I do it every year) . Its old folk or those without internet access I feel for who cannot do this . If anyone can post on here they can do a comparison and switch - as they can for Home or Car Insurance . Go through TCB or Quidco for possible cashbacks also . Of course you could go through HUKDs energy switch (shamelessly plastered all over this site) and let HUKD have your Cashback - Members choice -its a free world .


    I can't. Those of us on Economy 10 also can't use comparison websites.

    Stu

    The GBP has suffered against other currencies largely due to uncertainty … The GBP has suffered against other currencies largely due to uncertainty of Brexit caused by the Remoaners who simply cannot accept the democratic decision that was made.



    What on earth are you talking about? X)

    You do read some cracking comments on this site.

    Stu

    Absolute rubbish.Oil prices are going up as are other fossil fuels. The … Absolute rubbish.Oil prices are going up as are other fossil fuels. The oil price rises so people switch to other sources such as LNG, Methanol, coal etc which causes their prices to rise as the demand increases.The GBP has suffered against other currencies largely due to uncertainty of Brexit caused by the Remoaners who simply cannot accept the democratic decision that was made.



    So remoaners caused uncertainty? There's not uncertainty because nobody is certain of what trade terms we'll have with our largest trade partner in two years then? X)

    eslick

    if you have a fixed deal ending you might be in for a bit of a shock, … if you have a fixed deal ending you might be in for a bit of a shock, prices have been going up for the past few months, our next deal will be £250 a year higher than the one we are currently on. Find a good fixed deal with no exit fee, then you aren't locked in if prices drop, probably wont but even Mr Lewis got caught out a few years ago so who knows. Problem is that more and more companies are adding exit fees and they also aren't as cheap as they used to be.



    I did not!

    sufchenko

    The Brexit effect. But that's none of my business.



    **** all to with Brexit... Energy Policy isn't part of the negotiations...

    It's funny that when one company puts up prices, the others do... one could almost be forgiven for thinking that they all buy from the same source...

    Predikuesi

    It's nothing to do with Brexit, no matter how people would like it to be. … It's nothing to do with Brexit, no matter how people would like it to be. It wasn't Brexit when they raised their prices last winter, and the winter before that ad infinitum. It is just simply GREED on their part at our expense.



    There isn't an Energy Supply Company that makes a profit on the Domestic Market. If anything it's just reducing losses...

    HotEnglishAndWelshDeals

    So remoaners caused uncertainty? There's not uncertainty because nobody … So remoaners caused uncertainty? There's not uncertainty because nobody is certain of what trade terms we'll have with our largest trade partner in two years then? X)



    Those terms will be agreed as part of the negotiations, by trying to stall, prevent or even advance (by demanding the government reveal their plans) those negotiations helps nobody.

    scaryvonne

    it's time the government done something about all these price increases … it's time the government done something about all these price increases and make looking for a quote a lot simpler process I got a letter from npower regarding the increase I decided to look into switching and the hoops to go through to get a quote was unbelievable then trying to figure out which one was the cheapest was giving me a headache.


    We use flipper, it's much easier and they check prices each quarter and switch for you. £25 a year is a small price to pay. Saved us over a grand this year.

    whatyadoinsucka

    brexit, everythings rising.. council tax 9%, gas/electric 9%, water 6% , … brexit, everythings rising.. council tax 9%, gas/electric 9%, water 6% , petrol 15% (in the last year).we all knew it would happen. hopefully with the french and german votes coming soon, our sterling may gain some value on the euro



    Only 15% on petrol is not bad. Is the US it's gone up 32% and has been higher. 12 months ago regular gas (petrol) was $1.717
    Today it's $2.267. Has been over $2.36.

    Flodd

    It's funny that when one company puts up prices, the others do... one … It's funny that when one company puts up prices, the others do... one could almost be forgiven for thinking that they all buy from the same source...



    That's exactly how it is. You may be desperate to put up prices but you need to wait until one or more of your competitors blinks first and then everyone will follow suite.

    Stu

    Those terms will be agreed as part of the negotiations, by trying to … Those terms will be agreed as part of the negotiations, by trying to stall, prevent or even advance (by demanding the government reveal their plans) those negotiations helps nobody.



    Those terms might be agreed. Thats the root of the uncertainty, not remainers.

    You could have 100% support for Brexit and you'd still have uncertainty over the terms of trade with our biggest trading partner.

    The blame for uncertainty lies entirely with those who voted for Brexit. Brexit was by definition a vote for uncertainty so please place the blame on the right side.

    Brexiters voted for uncertainty, they should embrace it.

    Stu

    That's exactly how it is. You may be desperate to put up prices but you … That's exactly how it is. You may be desperate to put up prices but you need to wait until one or more of your competitors blinks first and then everyone will follow suite.



    NO IT ISN'T!!!!

    Energy is traded on a futures market... They all put their prices up because the market (where they buy their energy from) has gone up....

    There's a slight complication as to when you hedge the purchase but in it's simplest terms that's what happens.

    The wholesale cost of energy only accounts for 45% of the bill anyway, it's the additional taxes and levies introduced by both governments that's pushing prices up and up and up... This 9%? Probably the EU state aid payments for the Drax Biomass plant or to fund the Energy Intensive Industries charge due in Q3 of 2017 that the government withdrew funding for.

    It's virtually naff all to do with extracting an extra tenner from Doris at number 7...

    whatyadoinsucka

    brexit, everythings rising.. council tax 9%, gas/electric 9%, water 6% , … brexit, everythings rising.. council tax 9%, gas/electric 9%, water 6% , petrol 15% (in the last year).we all knew it would happen. hopefully with the french and german votes coming soon, our sterling may gain some value on the euro


    Don't let the main stream media and economists/politicians fool you with fake economics. The evidence for the last 60 years, it was not exit that pushed up prices but it was joining that did it, plus the general inflationary push with price hikes caused by asset values.
    .
    Pick up the telephone and speak to those Italians who had spent Lire, Greeks who had spent Drachmas, Spanish who had spent Peseta...Czech, Polish...and so on.

    HotEnglishAndWelshDeals

    Those terms might be agreed. Thats the root of the uncertainty, not … Those terms might be agreed. Thats the root of the uncertainty, not remainers.You could have 100% support for Brexit and you'd still have uncertainty over the terms of trade with our biggest trading partner.The blame for uncertainty lies entirely with those who voted for Brexit. Brexit was by definition a vote for uncertainty so please place the blame on the right side.Brexiters voted for uncertainty, they should embrace it.



    Voting either way, or not at all gives you no certainty. We have no idea of the outcome of how the EU effects our future had the vote not gone the brexiters way.
    While its logical to track a closer path with remain (based on newer historical data) it seems based on this data that people were certain that this was not what they wanted. So it seems bigger "uncertainty" was the better of the two uncertainties!

    GAVINLEWISHUKD

    Voting either way, or not at all gives you no certainty. We have no idea … Voting either way, or not at all gives you no certainty. We have no idea of the outcome of how the EU effects our future had the vote not gone the brexiters way. While its logical to track a closer path with remain (based on newer historical data) it seems based on this data that people were certain that this was not what they wanted. So it seems bigger "uncertainty" was the better of the two uncertainties!



    That is just wrong I'm afraid. We knew exactly the access we could expect if we'd remained as well as employment conditions, and that's key for certain industries making long term investments.

    Brexiters can't run away from this truth that they voted for uncertainty for the economy. They want to focus on the opportunities in new deals but they introduced uncertainty into the relationship with our largest trading partner.

    It's got nothing to do with remainers.

    HotEnglishAndWelshDeals

    So remoaners caused uncertainty? There's not uncertainty because nobody … So remoaners caused uncertainty? There's not uncertainty because nobody is certain of what trade terms we'll have with our largest trade partner in two years then? X)



    Yes, creating hurdles at every step has an impact on the pounds value. Of course everyone will use Brexit as an excuse to rip the consumers off.

    RossD89

    What on earth are you talking about? X)You do read some cracking comments … What on earth are you talking about? X)You do read some cracking comments on this site.


    Ikr. Prefaced by calling someone else's comment absolute rubbish...

    shauneco

    Yes, creating hurdles at every step has an impact on the pounds value. Of … Yes, creating hurdles at every step has an impact on the pounds value. Of course everyone will use Brexit as an excuse to rip the consumers off.



    Shaune, we don't know the trade terms with our most important trading partner in two years time. We don't know the access for our banking industry.

    This is far more important and disruptive than anything remainers have done. You'll likely disagree and you'll be wrong.

    HotEnglishAndWelshDeals

    That is just wrong I'm afraid. We knew exactly the access we could expect … That is just wrong I'm afraid. We knew exactly the access we could expect if we'd remained as well as employment conditions, and that's key for certain industries making long term investments.Brexiters can't run away from this truth that they voted for uncertainty for the economy. They want to focus on the opportunities in new deals but they introduced uncertainty into the relationship with our largest trading partner. It's got nothing to do with remainers.



    But that is factually incorrect. The state of the EU membership and it's certainty is only at that point in time. 40,30,20,10 years ago it was different to today. The one certainly is it will/would be different in the future. But that is now not one we will find out.

    If Brexit or Remain was the right choice we will never truly know.

    Whether in or out of EU, as it has always been since post war, one of the few ways in order to get reasonable stability in prices is to work efficiently like the Germans, apply more technology and processes as opposed to more charisma in leadership, and implement their social policies to drive market forces. Namely to drop that disasterous liberalism that resulted in globalisation by following Friedrich Hayek excessively in the UK which stripped partly the middle class into less wealth and well-being.

    GAVINLEWISHUKD

    But that is factually incorrect. The state of the EU membership and it's … But that is factually incorrect. The state of the EU membership and it's certainty is only at that point in time. 40,30,20,10 years ago it was different to today. The one certainly is it will/would be different in the future. But that is now not one we will find out.If Brexit or Remain was the right choice we will never truly know.



    We're not going to agree because you want to draw false equivalences between the level of certainty we'd have had we'd remained and had we left. The drop in the pound is evidence enough to support my assertion but you won't accept that. No worries.

    HotEnglishAndWelshDeals

    Shaune, we don't know the trade terms with our most important trading … Shaune, we don't know the trade terms with our most important trading partner in two years time. We don't know the access for our banking industry.This is far more important and disruptive than anything remainers have done. You'll likely disagree and you'll be wrong.



    We could see where we were heading being part of the dictatorship, All power being stripped away, Terrorist attacks every other week due to free movement etc... Uncertainty was and is the best option for the majority. Rememember the world is much bigger than the EU, Striking tradedeals with other nations will easily counter your argument. Britain will be free again :).

    shauneco

    We could see where we were heading being part of the dictatorship, All … We could see where we were heading being part of the dictatorship, All power being stripped away, Terrorist attacks every other week due to free movement etc... Uncertainty was and is the best option for the majority. Rememember the world is much bigger than the EU, Striking tradedeals with other nations will easily counter your argument. Britain will be free again :).



    And I have no doubt that you believe that Shaune and nothing would convince you otherwise.

    HotEnglishAndWelshDeals

    And I have no doubt that you believe that Shaune and nothing would … And I have no doubt that you believe that Shaune and nothing would convince you otherwise.


    100%, Of course I know the road will be rocky along the way. I think the only thing we can agree on is the fact that the future is uncertain, In my opinion it will be a better future for most, In yours it'll be the opposite.

    we are so lucky OFGEM are looking out for us and doing the job they get all that cash for

    shauneco

    100%, Of course I know the road will be rocky along the way. I think the … 100%, Of course I know the road will be rocky along the way. I think the only thing we can agree on is the fact that the future is uncertain, In my opinion it will be a better future for most, In yours it'll be the opposite.



    Again Shaune, I have no doubt you believe that. My belief is that it won't be a better future for most. In fact people in your situation will be worse off because the cost of everyday items is going to increase faster than your income.

    We both know that. But you don't want to hear that, so you choose not to.

    If you want my advice then overpay your mortgage as much as you can for the next 6 months. Reduce your pension contributions to do this.

    HotEnglishAndWelshDeals

    And I have no doubt that you believe that Shaune and nothing would … And I have no doubt that you believe that Shaune and nothing would convince you otherwise.



    ​Then why do you have to bang on about it in almost everything that you post on here?
    This thread is supposed to be about the cost of gas prices, not your constant whining about brexit and how you seem to think that you are correct in just about everything you have to say on the subject
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