1. What is the British Gas Savings Calculator?

The British Gas Savings Calculator helps you determine how much money you can save by switching to a new British Gas plan compared to your current energy bill.

2. How Does the Calculator Work?

The calculator uses a simple formula:

Where:

• \( Current\ Bill \) — Your current energy bill amount in GBP
• \( New\ Bill \) — Estimated new bill amount with British Gas in GBP

Explanation: The calculation shows the difference between what you're currently paying and what you would pay with British Gas.

3. Importance of Calculating Savings

Details: Understanding potential savings helps you make informed decisions about switching energy providers and managing household expenses.

4. Using the Calculator

Tips: Enter both bill amounts in GBP (British Pounds). For accurate results, use actual bill amounts from comparable billing periods.

5. Frequently Asked Questions (FAQ)

Q1: Should I include VAT in the bill amounts?
A: Yes, enter the total amount including all taxes and fees for accurate comparison.

Q2: How often should I check for potential savings?
A: It's recommended to compare energy providers at least once a year or whenever your contract is up for renewal.

Q3: Are there other factors to consider besides price?
A: Yes, consider customer service ratings, renewable energy options, and contract terms when switching providers.

Q4: Does this calculator account for seasonal variations?
A: No, you should compare bills from similar periods (e.g., winter to winter) for accurate comparisons.

Q5: Are there any hidden fees when switching?
A: Always check the terms and conditions for exit fees from your current provider and any connection fees with the new provider.