Uswitch comments on British Gas energy price freeze
Commenting on today’s announcement from British Gas that it will freeze standard household energy prices until the end of March 2017, Claire Osborne, Uswitch.com energy expert, says: “Today’s announcement from British Gas will be welcome news for standard variable plan customers, who will have peace of mind as we head into what could be one of the coldest winters for years.
“Following SSE’s commitment to freeze its standard variable tariff until April next year, pressure will now be mounting on the other four big suppliers to follow suit.
“Despite the freeze, British Gas’ standard variable plan is a long way from being competitive. Although it is the lowest of the big six at £1,044 a year, it’s still £182 more expensive than the best deal on the market. Customers should shop around and look to switch to a cheaper fixed rate tariff, which will also protect against any future price rises for longer.
“Rising wholesale energy prices aren’t going away. Despite price freezes this winter, it’s looking increasingly likely that suppliers may be set to hike prices later in 2017 – bringing bad news for many consumers.”
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FOR MORE INFORMATION
Jason Wakeford
Phone: 0203 872 5612
Email: jason.wakeford@uswitch.com
Twitter: @UswitchPR
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