Qualified advisers answering your
Financial Questions
call 0800 092 1245

British Gas five-year price freeze comes to an end

Around 460,000 British Gas customers who signed up for a price freeze deal in 2005 are about to see the deal come to an end and a significant increase in the cost of their gas. The deal saw the 460,000 customers in question pay £820 for their gas which is around £370 less than the average bill today - which is £1,194. As a consequence, there are many people who will receive an unwelcome surprise with their next energy bill!

While there's no doubt that those customers who took advantage of the price freeze have benefited enormously over the last few years, there is still much uncertainty about the future price of gas, electric and water. Only this morning we saw Severn Trent warning of the need to reorganise and revamp the UK water industry with the prospect of water bills increasing by more than 20% in real terms over the next 20 years.

There's no doubt that the UK energy industry is holding businesses and consumers to ransom and there is very little the government or various consumer bodies can do. Water bills have increased by over 45% in real terms since 1990 and the prospect of more increases in the future is not one which consumers and businesses will really want to face head-on.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details