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British Gas today launched WebSaver 4 as a direct replacement to WebSaver 3 and at the same time took pole position in the standard customer best price position in three areas of the UK.
The new British Gas WebSaver 4 tariff has the following features:
Take advantage of the energy price war:
Having offered the cheapest energy tariff for a number of months, British Gas has been toppled off the top spot following a spate of price cuts in recent days.
This flurry of activity comes at a great time because thousands of households who signed up to fixed deals last summer, are coming to the end of their terms. For example, customers who signed up for npower's One deal will see their fixed term end on Friday (31 July 2009). Unless they switch to another tariff, they'll move on to npower's standard rates which will cost an extra £231 a year on average.
EBICo, the not for profit gas and electricity supplier has announced a reduction in their gas and electricity prices with effect from today.
The reduction in gas prices is 2.52% and this applies in every region.
The reduction in electricity prices averages 7.74% across all regions, the best reduction is in the Southern Electric region where the reduction is 9.62% and the worst in Scottish Hydro Electric's area where the reduction is only 4.49%
EBICo previously adjusted their prices on the 30th September 2008, at that time it was an increase.
The latest prices are shown on the Britenergy.co.uk website with immediate effect.
In detail the electricity reductions are:
E.ON Age Concern : Update to customer benefits - Wednesday, October 08th 2008:
As of today, 8th October 2008, E.ON have amended the customer benefits for those customers signing up to their Age Concern tariffs.
These now include:
* A Carbon Monoxide Alarm worth £20 * 2 energy saving light bulbs * A card hypothermia thermometer * A voucher to claim a free personal computer Powerdown worth £12 * Other energy saving appliance offers * Energy saving advice * Safety advice * A leaflet regarding free or discounted loft and cavity wall insulation
E.ON - new fixed price tariff - Thursday, October 2nd 2008:
E.ON launched a new fixed price energy tariff called Fixed Price V3 – Fixed until 1st July 2010
If customers leave before the end date of 01.07.2010 there is a cancellation fee of £50 for a dual fuel customer and £20 for a single electricity customer The tariff is went live on all our platforms at 0001 today and is available for signup now. At the same time Price Protection v18 has been withdrawn for sale.
The new latest EDF Energy tariffs were launched today.
These are: Price Protection 2010 This is a price protection tariff where prices are held until until 30 September 2010. It is available for dual fuel and electricity only. Online Electricity only Tariff V6 This is an electricity only Online tariff available over 10 areas. Both standard and E7 tariffs are available. Payment is by monthly direct debit only.
British Gas Click Energy 6 has been launched today. This means the immediate withdrawal from market of Click Energy 5 and this has been removed. This will launched across all platforms at 1900. Also being launched at 1900 is Click Pay as You Go.
Have you ever wondered whether the savings shown on some comparison services like britenergy.co.uk are too good to be true? To help consumers switch with confidence, this service now warns about tariffs that may be due a price increase - another unique feature you won't find anywhere else. Tariffs that may reasonably be due an increase are labelled with a big exlamation mark and explanatory content. Tariffs that have recently been adjusted are shown with a green GO sign. The Price Increase warnings are not based on advance information of price changes by the energy suppliers, but represent this service's longstanding experience in gauging the direction of the energy market.
The government today announced a package of measures to help the country cope with soaring fuel bills. These measures include:
The measures have already been criticised as being overly focused on inducing long-term reductions in energy consumption, while providing little help for average families struggling to pay their bills this coming winter.
Together with the terrible weather, shock increases on the price of gas and electricity have been distasteful features of this summer. And while we may yet enjoy a sunny autumn season, there is unfortunately no end in sight to spiralling energy prices, as energy providers are already setting their sights on further hikes of about 20% by early next year.
Supplier
Date announced
Gas Increase %
Electricity Increase %
British Gas
30th July
35
9
E.ON Energy
21st August
26
16
EDF Energy
25th July
22
17
Npower
28th August
14
Scottish and Southern Energy
29.2
19.2
ScottishPower
34
Average
28
From now on, UK consumers will have no option but to pay attention to their energy bills, or else these increases - when taking into account the rising cost of living overall ? will end up causing real hardship. So here is what to do if ?Eat or Heat?? could be a question for you this winter.
You may be thinking that you have missed out on signing up to the cheapest fixed price energy deal ? these are limited availability tariffs that come with a guarantee against price increases.
If you are already struggling with your bills or are in arrears at this time of year (when consumption is low), then that is a sign of trouble ahead for the winter. Contact your supplier and discuss your options ? here are the hard and fast rules about being in debt to your supplier
Dealing with Disconnection
Suppliers can disconnect a home if no agreement is reached about debt settlements. The exceptions are:
There is no disconnection exception for families with small children.
You may be able to get a Crisis Loan from the Department of Work and Pension if you cannot afford the reconnection fee. Click here for more information http://www.dwp.gov.uk/advisers/sb16/crisis.asp. This is an interest free loan from the Government. You will have to prove that you genuinely cannot afford to pay the reconnection fee, so this really is an option of last resort only.
Looking back, 30th of July 2008 might well be marked as a watershed date for Britain?s energy consumers. On that date, British Gas announced an unprecedented increase on the price of gas - an astounding 35% - marking the single biggest increase ever announced by any of the big six suppliers in the UK.
So while this is going on, what should energy consumers do to protect themselves?
Secondly ? start looking. You may be thinking that you have missed out on signing up to the cheapest fixed price energy deal ? these are limited availability tariffs that come with a guarantee against price increases. The good news is that ScottishPower has now re-entered the ring by offering an attractive one year price fix tariff which is available from our service (if you are currently supplier by ScottishPower you will need to contact them directly).
Ecotricity, the green electricity company has today, 1st August 2008, announced prices increase in three distribution areas.
Ecotricity offer two tariffs.
New Energy Ecotricity's popular New Energy tariff offers a growing percentage of green supply offset from their own turbines, currently around 25%, with the rest coming from conventional sources. The more customers Ecotricity has, the more investment they can make in building new renewable electricity. With New Energy you pay the same as the standard price of your regional supplier.
As a result of EDF Energy's recent price increase Ecotricity has reviewed electricity prices in the London, Seeboard and SWEB distribution areas.
If you wish to see how these prices compare with the rest of the UK renewable energy tariffs click here.
Regardless of what energy supplier you are with it is definitely worth comparing the entire energy market, especially in light of the recent price increases and the fact that many fixed and capped price deals are being quickly removed from sale.
Now really is the very last chance to get yourself any kind of bargain in the energy markets.
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