Choosing the best British Gas energy tariff is key to
managing your energy costs. You can pick fixed energy tariffs if you want stability. If you prefer
flexibility, you can go for a standard variable tariff (SVT). British Gas offers many options to fit
different needs.
British Gas Tariffs Overview
British Gas has several energy plans to meet different customer needs. The Ofgem price cap will go up on 1st
April 2025. This makes it important to review the available tariffs. You might want to see if switching to a
fixed deal can help you save money.
Standard Variable Tariff (SVT)
The Standard Variable Tariff (SVT) is the main plan for customers who do not pick a fixed-rate plan. This plan follows Ofgem’s price
cap, and it can change every three months.
Key Features:
Flexibility – There is no fee to leave. Customers can switch to a new plan whenever
they choose.
Price Variability – Rates adjust every three months. This change happens because of
Ofgem’s price cap.
April 2025 Update: Customers with British Gas under the SVT will see an increase in
prices. This change happens as the new price cap rates start.
Fixed Energy Tariffs
A fixed energy tariff keeps the unit rates the same for 12 or 24 months. This helps customers stay safe from
market changes. At the moment, British Gas’s fixed tariffs for 2025 are cheaper than the Ofgem price cap.
This means customers could save some money.
Key Features:
Price Stability – The unit rates remain the same throughout the entire contract
period.
Contract Commitment – This usually lasts 12 or 24 months. If you cancel the contract
early, there are exit fees.
Tip: A fixed tariff can help you feel safe from future price rises. But, you might
miss
out if the price cap goes down.
Prepayment Tariffs
Customers with a prepayment meter must pay for their energy supply before they use it. Prepayment
tariffs can help people manage their budgets. However, they often have higher unit rates than Direct Debit
tariffs.
Key Features:
Budget Control – It helps you monitor energy costs with a pay-as-you-go method.
Higher Costs – The unit rates and standing charges are often more expensive than
what you pay with Direct Debit plans.
April 2025 Update: The price cap for prepayment plans will increase. This means
these
plans will become more expensive.
Detailed Tariff Comparison
Below is a comparison between British Gas’s Standard Variable Tariff (SVT) and a Fixed Tariff as of April
2025:
Tariff Type
Unit Rate (Electricity)
Unit Rate (Gas)
Standing Charge (Electricity)
Standing Charge (Gas)
Exit Fee
Standard Variable Tariff (SVT)
27.03p per kWh
6.99p per kWh
53.80p per day
32.67p per day
None
Fixed Tariff (1-Year)
25.50p per kWh
6.50p per kWh
50.00p per day
30.00p per day
£50 per fuel
Note: Prices can change. Always check the latest British Gas prices before making your
decision.
Check if you're paying too much.
Compare your current tariff with the cheapest energy deals available in your area – it only takes a few minutes.
Many British Gas customers are thinking about switching to a new fixed price tariff since the price cap will rise in April 2025. A variable rate
tariff offers more flexibility. However, a fixed tariff can protect you from possible price hikes due to the
cost of wholesale energy.
Here is a simple comparison of the Standard Variable Tariff (SVT) and Fixed Energy Tariffs. This can help you
understand which option could give you the best overall improvement based on your energy use.
Tariff Type
Pros
Cons
Standard Variable Tariff (SVT)
No exit fees, flexible
Prices change every 3 months based on price cap predictions
May benefit if the energy market stabilises
No protection from rising energy costs
Can track usage through a smart meter for better budgeting
Uncertainty due to cost of wholesale energy fluctuations
Suitable for single fuel customers and dual fuel customers
Could lead to higher bills if prices continue rising
Fixed Energy Tariff
Protection from price rises, stable bills
Exit fees apply (£50 per fuel)
Helps with budgeting and avoids energy debt
Locked in for the length of your contract (12-24 months)
Available for new home owners and renters
No benefit if electricity energy consumption values decrease in the market
Some available fixed tariffs are priced below the price cap predictions
Less flexible if you want to switch to a new energy deal later
Who Should Consider a Fixed Tariff?
A fixed energy tariff may be a good option for:
British Gas dual fuel customers seek stable prices for gas and electricity.
They want to avoid price changes and prefer fixed rates.
Households with a smart meter track their energy use for better efficiency.
Homeowners or tenants moving into a new home desire a long-term energy deal with British Gas plc.
Electric vehicle (EV) owners rely on kWh of electricity for charging and need consistent costs.
Those with typical domestic consumption values want to find the best rates available.
Are There Any Special Fixed
Tariff Offers?
British Gas regularly looks at its available fixed tariffs. Some offers might only be for customers who
already have an account. If you meet the requirements, you may be able to get an even cheaper fixed price
tariff through your British Gas online account.
British Gas is getting recognition for its great customer service and support for the UK energy sector.
Recently, the company has been happy to team up with Team GB. It has also received awards in the industry
for its customer support and creative efforts.
Who Might Prefer a Variable Tariff?
A variable rate tariff, such as the British Gas Standard Variable Tariff (SVT), could be a better choice for:
Customers who want flexibility and do not want to commit to a long contract.
Households expecting small changes in energy use. They are waiting to see if price cap predictions
lead to lower rates.
Those who do not wish to pay exit fees if they change suppliers later.
Customers who depend on British Gas energy trust for financial help and prefer to avoid early
termination penalties.
Those who track their electricity energy consumption values and expect a drop in wholesale energy
prices.
How to Switch & Save on British
Gas Tariffs
Check your current tariff by logging into your British Gas online account. You can see what plan you
are on and how much you pay.
Compare available tariffs with Free Price Compare. You may find an even cheaper fixed price tariff or
the best variable rate tariff for your needs.
Look at your energy usage. Review your electricity energy consumption values and average domestic gas
use. Think about if a fixed or variable tariff will save you more.
Use Free Price Compare to switch easily. This will help you get the best overall improvement without
interrupting your energy supply.
Ofgem Price Cap Increase in April 2025
On 25th February 2025, Ofgem announced that the energy price cap will increase by 6.4%. This new price cap
will take effect on 1st April 2025. It means that the maximum amount suppliers, like British Gas, can charge
customers on standard variable tariffs (SVT) will go up.
New price cap (April 2025 – June 2025): £1,849 each year
Previous price cap (January 2025 – March 2025): £1,738 each year
Increase: £111 each year
The price cap limits how much suppliers can charge for unit rates and standing charges. Still, your energy
bills will vary based on the amount of energy you use.
Yes, British Gas prices will rise for customers on the standard variable tariff (SVT) due to the
new Ofgem price cap.
Is a fixed
tariff cheaper than a variable tariff?
A fixed energy tariff can help you save money if the prices of energy go up. However, keep in
mind that fixed tariffs might have exit fees.
How
does the energy price cap affect British Gas customers?
The price cap is the most British Gas can charge for every unit of energy. It also includes the
standing charge for customers who have a variable tariff.
Does British
Gas offer renewable electricity tariffs?
British Gas provides renewable electricity options that use 100% energy from renewable sources.
This includes energy from wind and solar power.
Can I switch
from a prepayment meter to Direct Debit?
Yes, you can switch from a prepayment meter to Direct Debit if you meet the requirements. Contact
British Gas customer support for more details.
Find Cheaper Gas & Electricity – Fast, Easy, Free
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