Gas Prices to come down by 10%.

• Guest 640

  • Registered: 21 Apr 2007
  • Posts: 7,819
  22 January 2009     09:0013452
  #1       report
  And not before time you might say. The price of gas as a commodity has been much lower for quite a while but nothing was passed on to the lowly hard pressed customer. Pressure from the Government may have paid off as this announcement by British Gas may have come about as a direct result of pressure from Gordon Brown, who recently promised to do something about the stalled situation. This stalled situation caused much disquiet at Westminster.
  
  The delay in lowering prices was scandalous.
  People out there have a very low opinion of these utilities companies.
  
  But dont get too overjoyed at the price drop. Percentage wise the gas companies are still well ahead as they raised gas prices as I understand it by something like 55% in total last year. So they are well ahead in the price game.
  
  Customer care has long since gone out the window along with most of our heat.
  email: dover7@msn.com
• Guest 674

  • Registered: 25 Jun 2008
  • Posts: 3,391
  22 January 2009     09:2913468
  #2       report
  And they had to pressured into doing it
• Guest 655

  • Registered: 13 Mar 2008
  • Posts: 10,247
  22 January 2009     09:5113471
  #3       report
  The pressure Gordon Brown has brough to lowering fuel prices is called a recession.... Commodity including power prices always fall when demand eases as a result of an economic slowdown.
• Guest 643

  • Registered: 12 Mar 2008
  • Posts: 1,321
  22 January 2009     11:5413482
  #4       report
  Along with a lot of other people I opted to fix my gas and electricity prices until 2010. Does this mean that if the prices go down I won't benefit or does it just guarantee no price rises? Anyone know?
  There's always a little truth behind every "Just kidding", a little emotion behind every "I don't care" and a little pain behind every "I'm ok".
• Brian Dixon

  • Location: Dover
  • Registered: 23 Sep 2008
  • Posts: 23,940
  22 January 2009     12:4113486
  #5       report
  yes.
• Guest 655

  • Registered: 13 Mar 2008
  • Posts: 10,247
  22 January 2009     12:4613489
  #6       report
  Jacqui, without seeing the terms on which you have bought your gas I cannot say for certain but I suspect it is like a fixed mortgage, if the rate goes down you lose out and if it rises you win. If you did not understand the terms properly when you bought that deal you might have a basis for a complaint.
• howard mcsweeney1

  • Location: Dover
  • Registered: 12 Mar 2008
  • Posts: 62,352
  22 January 2009     20:3513526
  #7       report
  the cut does not take effect until february 19th, so 90% of the winter we have been stuck with these artificially high prices.