EDF Energy have announced that their
business gas price drops will take place immediately and British Gas, who have also announced that they are going to be lowering their electricity prices by 5%, will be lowering their prices immediately too.
SSE are lowering their business and
commercial gas prices and not their electricity prices by 4.5% and these changes will only take place from the end of March.
This is now putting pressure on the rest of the big energy suppliers to lower their prices and fall in line with the first three who have all announced in the space of two or three days that they are going to be lowering their prices.
It was EDF who were the first to act in this price war. Although the overall cost of the price drop will only amount to around ?30 a year, according to some industry experts it is still better than no price drop.
If we are to get a winter like the ones we’ve had over the last two years then you will want to make sure that there are the correct measures in place so that the day-to-day running of your business can carry on as smooth as ever, snow or no snow.
British Gas are the leading supplier of business gas in the UK and although they may not provide the best commercial gas prices they must be doing something right if there are that many businesses out there who are going to them for their gas supplies.
If you are a business owner then you should carry out some checks on your boiler and radiators before it gets too cold and before it’s too late, because if you were to get frozen pipes and your boiler was to break down then you may be up the creek with no paddle, so to speak.
Despite all of these warnings from the likes of British Gas there are still and awful lot of businesses out there who choose to avoid doing the basic safety check ups and just go into the winter with the mindset that everything will be alright.
Is it worth taking that chance? No, so get everything checked out and tested heading into this winter!
When British Gas was privatised in the 1980’s people were urged to snap up some of the shares and become ‘Sids’. At the time there was a maximum limit on the amount of shares you could buy with that limit being 100 shares at 135p per share.
At the time 1.5 million people managed to snap up some shares and with them being priced at 135p, if you bought 100 shares for ?135, they would now be worth ?1,720 according to broker simplystockbroking.com. These shares increasing over the years certainly haven’t affected the price us consumers are paying for
commercial gas.
With the amount of profit that both British Gas and their shareholders have made over the last ten years you may be forgiven for thinking that
business gas prices may have dropped some but both
business gas and electricity prices have slowly been on the rise which will inevitably be making more money for the big companies like British Gas.
It’s safe to say that there are many people up and down the country who are slowly but surely becoming fed up of being cheated out of more money than is necessary.
Before we get started, if you’re wondering what Fracking is then read on. Fracking is shorthand for hydraulic fracturing. It is essentially the process of drilling down and making tiny explosions that will either crack or shatter hard shale rocks thus releasing the gas inside.
Speaking about why they were there, one of the protestors Colin Eastham had this to say: “Conventional fossil fuels have begun to run out and the system is moving towards more extreme forms of energy like fracking, tar sands, and deep water drilling.
The move towards 'extreme energy' is literally scrapping the bottom of the barrel, sucking the last most difficult to reach fossil fuels from the planet at a time when we should be rapidly reducing our consumption altogether and looking for sustainable alternatives.
In the UK fracking for shale gas is planned alongside, not instead of, extraction of conventional fossil fuels like coal.”
I’ve no doubt that if this method is successful in finding any kind of gas that it won’t reduce the price we’re currently paying for
business gas or electricity. Your best bet to find any kind of cheap, money saving offers when it comes to your gas and electricity are to do a
business gas comparison on the internet.
There are many different
commercial gas comparison sites out there that you could pay a visit to and who knows you could end up saving a packet on your monthly bills.
As we all know,
commercial gas prices have been on the rise recently and they’re not really showing any signs of slowing up so you should definitely look around for the best deal that you can find. If you’re paying out for
industrial gas then you shouldn’t be too badly affected by the fluctuation in prices. Obviously if your contract is coming to and end then you as well may start looking for as good a deal that you can find.
Ian Peters, Energy Managing Director at British Gas has said: "Since we announced a halt to unsolicited doorstep selling, feedback from our customers and staff has been very encouraging," So from this you would say that people are overall happy that there’s going to be less door to door salesmen snooping around your homes and trying to sell you things. There are still going to be people coming to houses, but that’s only if you invite them round, or if you’ve booked for someone to come round.
If you are in need of a new contract and you are looking for something that is cheap and cost friendly then you should definitely get as many
business gas quotes as you can. The cheaper the better, but I wouldn’t get your hopes up that you are going to get something really cheap.