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13/05/2013
18% Rise In Gas Usage At Beginning Of 2013
Residential gas use in the UK increased by 18% in the first four months of 2013, Centrica has revealed.
Blaming the colder weather, Centrica, which owns British Gas, added that the benefit they say from the increase gas usage would be used to “to maintain our price competitiveness".
The company faced criticism last year after it increased its prices by 6% in November.
Last year, the company faced criticism for increasing its prices. British Gas raised its gas and electricity charges by 6% in November.
Centrica was reported by the BBC as saying: "Recognising the economic pressures facing many of our customers, the board has determined that any benefit arising from the exceptionally cold weather will be used to maintain our price competitiveness.
"As a result of this decision, we expect the residential energy supply business to deliver an operating profit for the full year in line with expectations, weighted towards the first half."
(H/CD)
Blaming the colder weather, Centrica, which owns British Gas, added that the benefit they say from the increase gas usage would be used to “to maintain our price competitiveness".
The company faced criticism last year after it increased its prices by 6% in November.
Last year, the company faced criticism for increasing its prices. British Gas raised its gas and electricity charges by 6% in November.
Centrica was reported by the BBC as saying: "Recognising the economic pressures facing many of our customers, the board has determined that any benefit arising from the exceptionally cold weather will be used to maintain our price competitiveness.
"As a result of this decision, we expect the residential energy supply business to deliver an operating profit for the full year in line with expectations, weighted towards the first half."
(H/CD)
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Centrica Posts £1 Million In Profits - To Consumers Anger
British Gas owner Centrica has posted half-year profits of almost £1 billion - much to the anger of consumer groups. Centrica maintain that it has been "absolutely necessary" to raise household gas prices as profits were down 20% in the first six months of this year to £992 million - down from £1.23 billion in 2007.
Centrica Posts £1 Million In Profits - To Consumers Anger
British Gas owner Centrica has posted half-year profits of almost £1 billion - much to the anger of consumer groups. Centrica maintain that it has been "absolutely necessary" to raise household gas prices as profits were down 20% in the first six months of this year to £992 million - down from £1.23 billion in 2007.
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Energy Supplier Slashes Gas Price
British Gas has today cut its standard gas prices by an average 7%. The price cut, which will benefit 8 million households, takes effect immediately and makes British Gas, on average, the cheapest supplier of standard gas and electricity right across Britain - no matter which way customers choose to pay.
Energy Supplier Slashes Gas Price
British Gas has today cut its standard gas prices by an average 7%. The price cut, which will benefit 8 million households, takes effect immediately and makes British Gas, on average, the cheapest supplier of standard gas and electricity right across Britain - no matter which way customers choose to pay.
24 June 2005
Gas prices could rise again
British Gas has warned customers that gas prices could be increased again. Centrica, which owns British Gas, said that the price rises were being introduced because of expectations of an increase in wholesale prices. The price rises would follow a 12.4% increase in September last year and a further rise of 5.9% in January.
Gas prices could rise again
British Gas has warned customers that gas prices could be increased again. Centrica, which owns British Gas, said that the price rises were being introduced because of expectations of an increase in wholesale prices. The price rises would follow a 12.4% increase in September last year and a further rise of 5.9% in January.
16 December 2005
Centrica warns of energy price increases
Centrica, the owners of British Gas, have warned that energy prices will rise again next year, due to rising fuel prices. In a statement, Centrica said that gas prices for the winter months had continued to be “volatile” and had remained high due to fears of a cold winter and gas shortages.
Centrica warns of energy price increases
Centrica, the owners of British Gas, have warned that energy prices will rise again next year, due to rising fuel prices. In a statement, Centrica said that gas prices for the winter months had continued to be “volatile” and had remained high due to fears of a cold winter and gas shortages.
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Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
