British Gas price hikes - a second due soon?

Martin Lewis comments

On the news that British Gas will raise electricity prices from 15 September 2017, Martin Lewis founder of, which has over 2 million members, said:

“This is British Gas’ catch-up price hike. It was the only one of the big 6 firms not to raise prices at the start of the year, and now, as predicted, it’ll do it from September. And that means if, as is possible, we see another batch of rises this coming winter, its customers will feel like they’ve been price-slapped twice in rapid succession.

“While this freeze has given people a little respite from price moves over the key high-use winter period, the problem is, for many the false sense of security that it wouldn’t move prices meant they did nothing, when they could’ve cut their rate and locked that in for longer by actively picking a far cheaper 1 year fixed energy tariff.

“So let this be a clarion call for British Gas customers (and all those on big 6 standard tariffs) – do not sit on your backside and just take this. For someone with typical use, on British Gas’ standard tariff you're going to be paying £1,120 a year from September. The cheapest tariffs on the market are £844 for the same usage. And switching is usually no big deal - there’s no break in service, no engineers coming to call – it’s the same gas, same electricity, same safety – only the price and who provides customer service actually changes.”


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