Electricity Price per kWh (2013) – British Gas

british-gas-price-comparisonComparison of British Gas rates per kWh for currently available electricity tariffs. Following our price comparison of standard electricity rates of the big six suppliers, we focus on all available rates from British Gas: Standard, Fix and Fall Feb 2015, Fix and Gift Card May 2015 and Fixed Price March 2016. Which tariff has the best rates for low, medium and high electricity users?

British Gas – Overview of Electricity Price per kWh (December 2013)

British Gas Tariff Fixed Till Standing
Charge
Unit
Rate
Low
User
Medium
User
High
User
Standard Variable 26 12.39 16.9 15.3 14.3
Fix and Fall Feb 2015 26 12.39 16.9 15.3 14.3
Fix and Gift Card May 2015 26 12.39 16.9 15.3 14.3
Fixed Price March 2016 26 13.23 17.7 16.1 15.1

Note: price in pence per kWh based on yearly usage of Low (2100 kWh), Medium (3300 kWh) or High (5100 kWh) electricity user based in London postcode.

Review of British Gas Tariffs:

  • Standard Variable (Standing Charge: 26 pence, Unit Rate: 12.39 pence) – Fully variable, no cancellation fees, free EnergySmart monitor.
  • Fix and Fall Feb 2015 (Standing Charge: 26 pence, Unit Rate: 12.39 pence) – Fixed, but will fall if prices fall, no cancellation fees, free EnergySmart monitor. Best option if price falls are expected.
  • Fix and Gift Card May 2015 (Standing Charge: 26 pence, Unit Rate: 12.39 pence) – Fixed, will not fall if prices fall, £30 cancellation fee, £50 Gift Card. Best option if price rises are expected.
  • Fixed Price March 2016 (Standing Charge: 26 pence, Unit Rate: 13.23 pence) – Fixed for longer, but at a premium of 0.84 pence/kWh. Will cost 18-43 pounds more per year depending on usage.

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