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27/07/2006
Energy bills set to rise again
British Gas owner Centrica has announced plans to increase energy bills from September.
Centrica announced that gas bills would increase by 12.4%, while electricity bills would rise by 9.4%.
British Gas blamed the "unprecedented" rise in the cost of wholesale energy costs for the latest rise.
Centrica chairman Roger Carr said: "Gas prices for the fourth quarter of this year stayed extremely high and, faced with substantial losses in British Gas Residential Energy, we have had to take the difficult decision to raise retail prices again."
The announcement follows a 22% rise in gas and electricity bills in March.
However, British Gas said that the wholesale cost of gas had risen by 71% in the past 12 months and by 266% from the winter of 2002/03.
British Gas has also announced a drop in profits. The latest figures showed that profits dropped to £692 million from £969 million for the six months to June 30.
Other suppliers have also announced an increase in prices. EDF Energy announced a 19% rise in gas prices earlier this week, while Scottish Power announced two weeks ago that it would be increasing prices.
(KMcA/SP)
Centrica announced that gas bills would increase by 12.4%, while electricity bills would rise by 9.4%.
British Gas blamed the "unprecedented" rise in the cost of wholesale energy costs for the latest rise.
Centrica chairman Roger Carr said: "Gas prices for the fourth quarter of this year stayed extremely high and, faced with substantial losses in British Gas Residential Energy, we have had to take the difficult decision to raise retail prices again."
The announcement follows a 22% rise in gas and electricity bills in March.
However, British Gas said that the wholesale cost of gas had risen by 71% in the past 12 months and by 266% from the winter of 2002/03.
British Gas has also announced a drop in profits. The latest figures showed that profits dropped to £692 million from £969 million for the six months to June 30.
Other suppliers have also announced an increase in prices. EDF Energy announced a 19% rise in gas prices earlier this week, while Scottish Power announced two weeks ago that it would be increasing prices.
(KMcA/SP)
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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.
09 March 2010
Npower Gas Prices Cut
Npower today announced reductions in domestic gas prices for approximately two million standard domestic gas customers averaging 7%, or £50. These cuts will take effect from 26 March and will make npower cheaper on average than British Gas for gas. Npower said its monthly direct debit gas customers will receive £50 a year discounts, up from £20.
Npower Gas Prices Cut
Npower today announced reductions in domestic gas prices for approximately two million standard domestic gas customers averaging 7%, or £50. These cuts will take effect from 26 March and will make npower cheaper on average than British Gas for gas. Npower said its monthly direct debit gas customers will receive £50 a year discounts, up from £20.
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.
26 August 2014
200 Homes Still Without Gas After Water Leak
Around 200 homes in Wales are still without gas after a burst water pipe flooded gas lines last Thursday. Wales and West Utilities have said that some 150,000 litres of water has been pumped from gas pipes since last Thursday, with 540 of the 755 homes affected by the leak, now reconnected.
200 Homes Still Without Gas After Water Leak
Around 200 homes in Wales are still without gas after a burst water pipe flooded gas lines last Thursday. Wales and West Utilities have said that some 150,000 litres of water has been pumped from gas pipes since last Thursday, with 540 of the 755 homes affected by the leak, now reconnected.
16 November 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.
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.
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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.
