British Gas customers should look for new deal, says Confused.com

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www.moneynews.co.uk > General finance > British Gas customers should look for new deal, says Confused.com

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British Gas customers should look for new deal, says Confused.com

Consumers who have their energy policies with British Gas have been advised to try looking for a better deal, following the news that the company has recorded its biggest ever profits.

The record sum is down in part to the legacy of the firm and its loyal army of customers who have not yet realised the importance of looking around for a new deal, according to Gareth Kloet, head of utilities at Confused.com.

He adds that the profit may well be a good thing as it can be reinvested into the business and used to upgrade the facilities which came under pressure during the winter, which was the coldest in 30 years.

However, he concluded by reminding consumers who want to reduce their bills to go onto a price comparison website and search for the best deal for them.

Ofgem's recent market report has raised pressure on companies to reduce their prices, according to the website, although under current regulations they do not have to do so.

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