Confused.com Comment on British Gas's Decision to Reduce Gas Prices

Share Article

Rates set to drop by 10% from February 19th.

News Image
This rate drop is fantastic news for 7.5 million* British households who use British Gas as their energy supplier. It is refreshing to see British Gas cut tariffs sufficiently that it makes a significant difference for so many households, after months of minimal tariff tinkering from other suppliers with the aim, simply it seems, of getting to the top of best buy tables.

Gareth Kloet, head of energy price comparison at Confused.com, comments on British Gas's recent decision to reduce gas prices:

"This rate drop is fantastic news for 7.5 million* British households who use British Gas as their energy supplier. It is refreshing to see British Gas cut tariffs sufficiently that it makes a significant difference for so many households, after months of minimal tariff tinkering from other suppliers with the aim, simply it seems, of getting to the top of best buy tables."

"Confused.com urges consumers to check now that they are with both the right supplier and on the right tariff. The British Gas WebSaver 1 tariff** already offers consumers the most competitive deal in the market and following today's announcement, of a 10% tariff cut from the 19th February, this deal will be even more competitive. Consumers who switch now to this tariff will benefit from both cheaper rates today and will receive the 10% tariff cut on the 19th February. It really does pay to switch today."

"Not all energy comparison sites have access to British Gas' Web Saver 1 tariff; however on Confused.com consumers can check quickly and easily to see if they are eligible for the WebSaver 1 tariff from British Gas and within minutes see how much they could save on their energy bills."

"British Gas's 10% price reduction is a positive move for consumers who are increasingly feeling the financial pinch. Energy prices soared to record levels in 2008 and even with a 10% cut consumers will have experienced an increase of at least 35% in their energy bills. Therefore it makes sense for consumers to go online and check for the best possible tariffs and make savings."

  • There are 11 million households in the UK who use British Gas as their energy supplier, however the recent change in tariff will affect 7.5 million

** This tariff does include a £30 cancellation fee for gas and electricity, if customers cancel before September 30 2009

For further information please contact:
Caroline Spindlove/ Anna Bowes, Confused.com. 02920 434 398
Gug Kyriacou/ Joanna Harte, Polhill Communications. 020 7655 0550

Notes to editors
About Confused.com:
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it dominates the car insurance aggregator market with a massive 70% market share and generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include car insurance, home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Caroline Spindlove
Visit website