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December 04, 2007
British Gas reviews its Market Tracker energy tariff
In line with the rules surrounding this tariff, British Gas has announced an increase at its first quarterly review of its Market Tracker tariff.
The increase averages 15.03% on gas and 15.21% on electricity across all fourteen UK distribution areas**.
With British Gas Market Tracker, prices are tracked against wholesale prices from 1st September 2007 until 31st August 2008. Prices are set at the beginning of each quarter on the following dates: 4th December 2007, 4th March 2008 and 3rd June 2008. The prices are then fixed for the remainder of that quarter.
Given that the tracking is designed to reflect the wholesale gas and electricity markets it now seems almost inevitable that we are going to see price increases across the entire domestic energy sector over the coming months.
Energylinx would recommend that all domestic customers review their energy prices regularly and customers can do so for free on any of the 100% impartial energywatch accredited price comparison services provided by Energylinx.
These Energylinx calculators are unique in that they allow you to compare the prices of all energy suppliers.
Energylinx will arrange the whole transfer process for you, including notifying your existing supplier of any planned change and tracking the transfer to ensure that it occurs on time and accurately. Energylinx provides its services completely free of charge to the domestic consumer.
**Based on a customer consuming the standard profile of 20,500kWhs per annum of gas and 3,300 kWhs per annum of electricity paying by monthly direct debit
Posted by energylinx at December 4, 2007 07:54 PM Technorati: Energy Prices
