16/11/2012

Prices Continue To Rise For Energy Customers

The average annual combined British Gas electricity and gas bill is now £1,336, £80 a year more following a price rise introduced on November 16.

The rise comes just over a week before 3 million npower customers will see their gas and electricity prices increase by 8.8% and 9.1% respectively.

But by early December, five of the Big Six energy companies will have introduced price rises, affecting a collective 25 million households and plunging "tens of thousands" of households into fuel poverty.

Co-Operative Energy has thrown its 60,000 customers a lifeline by slashing the price of electricity.

The situation could deteriorate further when E.ON announces a widely expected price rise in the next fortnight. E.ON had previously declared there would be no increase in prices in 2012, but is expected to raise prices in line with its competitors as soon as it can, which would be on 1 January 2013. With suppliers required to give 30 days' notice to customers, this would mean an announcement is imminent.

(H)


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