How does the Energy Basket compare to the market?

In the UK, unfortunately wholesale prices for gas and electricity have risen substantially (eg. August 2018 prices are approx. 35% higher versus August 2017) so energy is more expensive for everyone. We are  pleased that on average our Energy Basket members are only seeing an increase of 11% for gas and 15% for electricity.

Please note: Your specific energy prices vary depending on your location, consumption and meter type so your prices will be different from the average.

We ran a benchmarking exercise in early August 2018 to see how the Energy Basket rates compared to current market conditions (at that exact point in time). With gas, the Basket beat 6 out of the 7 comparator suppliers* and with electricity the Basket beat 5 out of the 6 comparitors.

*Comparators were British Gas, SSE, Crown Gas, Gazprom, EDF, Corona, and TGP fixed term.

The past four years

Looking back over the years, we also benchmarked the Energy Basket against industry numbers from the Office of National Statistics (the comparator figures come from CPI-Gas and CPI-Electric).

The graphs below show how Parish Buying has consistently provided very good rates for energy. The only real dip was the very first year of the gas Basket, where market pricing fell away through the year.   

The Energy Basket may not always be the very cheapest option at the point you collect quotations, but we’re confident in our ability to save you money over time.