British Gas announces it will extend its price freeze until August 2017
The news, announced by the big six energy supplier in February 2017, came amongst news from its competitors that they would be raising prices by as much at 10%.
However, uSwitch Energy Expert Claire Osbone warned British Gas customers that while this seems like good news, "... when you consider [British Gas's] standard plan is £210 more expensive than the cheapest plan on the market – you soon realise this isn’t the excellent news British Gas claims.
"Price freezes look good on paper, but in reality it is holding prices of the most expensive rates. Even with this freeze, the British Gas standard variable plan is a long way from being the cheapest on the market ... Customers should be switching supplier rather than accepting freezes. You can get a better deal that offers longer protection by switching to a cheaper fixed deal now.”
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Previously, British Gas announced a price drop of 5.1% in February 2016. The cut impacted British Gas customers on standard dual fuel plans only. British Gas was the fifth of the big six to announce a price cut in 2016, though was the only supplier to announce price cuts (two separate ones) in 2015.
See more information about BG, including British Gas price change history, customer satisfaction reviews and where their average bill costs ranks among the big six on uSwitch's British Gas supplier page.