News Tristan on 22 Jan 2009 01:40 pm
I read in The Times today that British Gas are planning a 10% price cut which will save the average household £84 per year. The cut is to be introduced on the 19th February and British Gas are to be the first major gas supplier to reduce prices following pressure from the regulator, in response to falling gas prices on the wholesale markets.
What I find interesting about this is that according to British Gas, the average gas bill in this country is £840 - by definition if £84 is 10% of the average. I’m sure that I don’t spend anywhere near that each year on gas, most likely £600 a year at the most, and I live in an above average size house.
So how can the figures be so skewed? My only explanation is that there must be a lot of people who use a lot more gas than I do - the elderly perhaps who have their heating on all day, every day, even in the summer.