British Gas reveals 9.2% price hike

Image of gas flame
2013 is set to be a winter of energy discontent for consumers
“Bear in mind that it can take anywhere from four to eight weeks to complete the switch to a new energy supplier, so don’t wait to shop around" Jeremy Cryer, Gocompare.com
  • | by Kristian Dando

British Gas is the next ‘big six’ energy company to announce an unwelcome winter price hike, following SSE’s announcement last week.

An increase of 9.2% in energy prices is to add £116.88 a year to the average British Gas’s dual fuel bill – up from £1,270.40 to £1,387.28.

Jeremy Cryer, energy spokesperson at price comparison website Gocompare.com, said: “With British Gas set to add £116.88 to its customers’ annual energy bills, now’s the time to research what other tariffs are available, and consider switching. Those that vote with their wallets and move their business elsewhere could save £153.21* or more.

“Bear in mind that it can take anywhere from four to eight weeks to complete the switch to a new energy supplier, so don’t wait to shop around. Compare tariffs from other suppliers now, and consider switching to a fixed rate so you know what you’ll be paying longer term.

Cryer also advised people to cast their nets a little further when looking for a new energy supplier: "When comparing tariffs and suppliers, don’t limit your search to the ‘big six’, as many smaller energy companies can offer competitive deals and often fare better when it comes to customer service too.

"Remember, what you will be charged for your energy depends on various factors, such as where you live, precisely how much energy you use, how you pay your bills and more, so it’s important to look for a tariff that is tailored to you – there’s no such thing as an ‘off-the-shelf’ tariff that’s best for everyone.”

Of the big six, EDF, npower, E.ON and Scottish Power are yet to announce increases to the cost of their gas and electricity.

* Between 1 April 2013 and 30 June 2013, at least 51% of people who switched energy supplier for both gas and electricity with Gocompare.com saved 153.21 or more.