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business energy contract review

Energy price comparison and fixing deals

Office Audio ยท 2026-06-04 16:45:06 to 2026-06-04 16:54:25

Review: Pending Review

Summary

Damoon and Behnam review energy price offers from British Gas, comparing fixed rates for gas and electricity over different durations. They discuss standing charges and the trend of energy prices post-Covid.

Facts

  • Gas rates: 7p/kWh for three years, 7.3p for two years, 8p for one year.
  • Electricity rates: 23.9p for three years, 24.7p for two years, 25.9p for one year.
  • Standing charge 50p per day for gas, 116.5p per day for electricity.
  • Previous rates were much higher after Covid.
  • Long-term fixing is recommended.

Tasks

  • Consider fixing for a longer term to lock in lower rates.
  • Check standing charges for electricity.

Issues

  • Electricity standing charge is high.
  • Uncertainty in future energy prices.