Here is an interesting e-mail I got from British gas, because I’m on a fixed Tariff and like many of you may be wondering what to do as the price cap might be slightly better. @Cuprajake I suspect all the energy companies with fixed price tariffs may be doing something similar…the missive I received is below.
Hello
As you may have heard in the news, the new prime minister has announced the Energy Price Guarantee. This means the average household cost of energy will be capped at £2,500 per year from the 1st October. And will be frozen at this rate for the next two years.
What happens next
You’re currently on a fixed price tariff, so the Energy Price Guarantee will protect you in the same way that it protects customers on a standard variable tariff. We’re just working through the detail, and what this means for you. So, keep an eye out for an email from us.
At the moment, our customer service advisors don’t have any further information. So, the best thing to do is to wait for us to contact you or log in to your online account to find your latest tariff information.
You can keep up-to-date with the latest information on the energy market by visiting our dedicated web page, energy market news.