British Gas has launched a new Websaver online gas and electricity tariff – Websaver 11 – which British Gas guarantees to be cheaper than the energy giant’s Standard tariff until May 2012.
The new tariff replaces British Gas’ Websaver 10 tariff and promises a saving of 6% on tier two tariff rates (the cheaper rates you get charged once you’ve used more than a certain amount of energy).
A quick comparison on our free switching service Which? Switch shows that for average energy prices for a house in Luton, Bedfordshire, a customer moving to Websaver 11 pays £858.66 a year compared to £1,1076.54 – a saving of almost £218.
Time to switch?
But despite this potential saving, Which? deputy home editor Natalie Hitchins warns: ‘Websaver 11 may well yield savings for those on British Gas’ Standard gas and electricity tariff, but there may be even better deals available from other suppliers.
‘Online energy accounts are always cheaper than energy suppliers’ standard tariffs, and you can save even more by agreeing to pay by direct debit. But before you pick up the phone and ask to switch to Websaver 11, use a switching service such as Which? Switch to check that you couldn’t save even more by moving to another energy company’s online deal instead.’
If you switch your tariff from Websaver 11 to another before May 2012, you’ll be liable for a £30 (plus VAT) cancellation fee.
British Gas ‘price cuts’
British Gas will also reduce its Standard electricity prices – however, the cuts are so insignificant that in some cases annual bills will be reduced by just £1.
If price isn’t the only factor in choosing your energy supplier, see how British Gas fares against competitors such as Eon or Npower in our latest energy supplier satisfaction survey of more than 8,000 Which? members. Our research reveals some smaller, independent energy suppliers leave energy customers more satisfied than household name ‘big six’ energy suppliers.
Lower your gas and electricity bills
You can compare energy prices and switch to a new gas and electricity supplier on Which? Switch. People who switched with us between 1 October and 31 December 2013 are predicted to save an average of £234 a year on their bills.
Which? RSS and Twitter news feeds
For daily consumer news, subscribe to the Which? consumer news RSS feed. If you have an older web browser you may need to copy and paste http://www.which.co.uk/feeds/news.xml into your newsreader.
Follow @WhichNews on Twitter for the latest news, or @WhichAction to see how we’re campaigning for consumers.