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06/12/2013
E.ON Announces Price Hike
E.ON has announced a price rise that will see bills increase by an average of 3.7% in 2014.
The increase, which will take effect on 18 January 2014, is expected to add £48 a year to the average dual fuel bill.
Electricity-only bills will increase 3.7% (£20) on average, while gas-only bills will rise 4.6% (£37).
The move makes E.ON the last of the big six energy companies to announce a price increase for next year.
The new measures will also see E.ON automatically tell customers on fixed deals of new cheaper deals.
Tony Cocker, Chief Executive, E.ON UK said: "There is no escaping the simple fact that any price rise is unwelcome news for customers. We know that, which is why we have held off for longer than most of our competitors and worked hard to keep our rise as low as possible. However, now more than ever, the help we offer our customers, in terms of advice and practical measures, is absolutely vital.
"We have moved quickly to pass on the benefits of changes announced by the Government at the beginning of this week. This means we have reduced the overall level of a rise that is necessary to cover the extra costs we are seeing in some areas, as well as making sure we continue to deliver a sustainable future for all of our employees and maintain our investment in the UK.
"Whilst there can be no guarantees, the likelihood of further price rises over the next 18 months caused by an increase in the cost of social and environmental obligations has receded due to the recent action taken by the Government."
(IT/CD)
The increase, which will take effect on 18 January 2014, is expected to add £48 a year to the average dual fuel bill.
Electricity-only bills will increase 3.7% (£20) on average, while gas-only bills will rise 4.6% (£37).
The move makes E.ON the last of the big six energy companies to announce a price increase for next year.
The new measures will also see E.ON automatically tell customers on fixed deals of new cheaper deals.
Tony Cocker, Chief Executive, E.ON UK said: "There is no escaping the simple fact that any price rise is unwelcome news for customers. We know that, which is why we have held off for longer than most of our competitors and worked hard to keep our rise as low as possible. However, now more than ever, the help we offer our customers, in terms of advice and practical measures, is absolutely vital.
"We have moved quickly to pass on the benefits of changes announced by the Government at the beginning of this week. This means we have reduced the overall level of a rise that is necessary to cover the extra costs we are seeing in some areas, as well as making sure we continue to deliver a sustainable future for all of our employees and maintain our investment in the UK.
"Whilst there can be no guarantees, the likelihood of further price rises over the next 18 months caused by an increase in the cost of social and environmental obligations has receded due to the recent action taken by the Government."
(IT/CD)
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British Gas To Introduce Price Hike In November
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British Airways announces ticket price rises
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British Airways announces ticket price rises
British Airways (BA) has announced an increase in fuel surcharge on ticket prices, due to increasing oil price rises. The longhaul fuel surcharge will increase to £48 per return trip, while the surcharge for shorthaul flights will rise to £16 for a return trip, for all tickets purchased from June 27.
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ONS Figures Show Further Fall In UK Inflation Rate
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ONS Figures Show Further Fall In UK Inflation Rate
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08 November 2013
Thame's Water Additional Price Increase Is Turned Down
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Thame's Water Additional Price Increase Is Turned Down
Ofwat has turned down Thames Water's application for an additional price increase for 2014-15. Within the three month timescale for assessing the application, Ofwat found that the evidence the company submitted did not justify its proposed £29, or 8%, additional increase in customers' bills.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
