Published Date:
27 February 2009
With our fuel companies being foreign owned (even British Gas), have you considered going on the premium rate? On this rate, you are told, your prices are held at the same rate until 2010, or more recently 2012!
When you join, the reason your rate does not go up is because on signing up it already has! Compare your bill to someone in similar conditions, on the ordinary rate you will find their bill will be smaller.
Premium rate is the director's insurance against the prices rising when buying the fuel; but it does not go up over those three years because the companies buy their fuel three years in advance.
Let's assume you are now 'in the know', you decide to come off the premium rate – you can do that – but it will cost you £100 – £70 for electricity, £30 for gas, £100 for both.
There are 10 million pensioners in this country, a lot of them being conned into paying more, thinking they are dodging the price rises. All this can be verified by Age Concern, who have supplied me with this information.
If you have a pre-payment meter you are even paying more than the customers on normal rate, who get their bill every quarter.
Cyril Stansfield
Briarmains Road
BIRSTALL
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Last Updated:
17 April 2009 11:44 AM
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Source:
Batley News
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Location:
Batley
