Gocompare.com comments on British Gas's new FreeTime tariff
Ben Wilson, spokesperson for Gocompare.com Energy, comments on British Gas's FreeTime tariff, which will offer free electricity for eight hours at weekends for its two million customers who have smart meters installed:
"For British Gas customers with smart meters who use a lot of electricity at weekends, the new FreeTime plan could offer a welcome reduction in their energy bills. However, be sure to check the daily charges and unit charges, as there's little point having free electricity for eight hours a week if it will cost more than other tariffs available to you when you do pay for the electricity you use.
"As such it's worth people weighing up their options to establish whether they are better off with free electricity for eight hours on weekends, or a tariff that offers cheaper energy all year.
"With all of the top ten dual fuel tariffs currently available - none of which are from 'big six' suppliers - coming in at an annual cost of £770 or less*, and just over half of people who switch saving at least £292**, spending a few minutes comparing the tariffs available can be time very well spent."
Notes to editors:
*Based on dual fuel, payment by monthly direct debit, averaged across all UK regions and for households with an annual energy usage of 12,500kWh gas and 3,100kWh electricity (medium user). Excludes collective tariffs.
**At least 51% of customers who provided their energy usage and received a price for switching energy supplier for both gas and electricity with Gocompare.com saved £292 or more (1 January to 31 March 2016