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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31 July 2008
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.
04 February 2010
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.
09 September 2005
Gas and electricity prices to rise by over 14%
British Gas prices are set to rise by 14.2% for residential customers later in September. The company blamed the increase on soaring oil and gas prices. The rise follows on recent similar price hikes by Powergen and EDF Energy. The company said that the 14.
Gas and electricity prices to rise by over 14%
British Gas prices are set to rise by 14.2% for residential customers later in September. The company blamed the increase on soaring oil and gas prices. The rise follows on recent similar price hikes by Powergen and EDF Energy. The company said that the 14.
08 October 2010
Illegal Gas Fitter Sentenced
A man who falsely claimed to be a registered gas engineer has been sentenced for illegally installing gas appliances at addresses in York. Bennett Morley of Cherry Paddock, Haxby, York, was prosecuted by The Health and Safety Executive (HSE) for five offences under Gas Safety legislation after complaints by householders.
Illegal Gas Fitter Sentenced
A man who falsely claimed to be a registered gas engineer has been sentenced for illegally installing gas appliances at addresses in York. Bennett Morley of Cherry Paddock, Haxby, York, was prosecuted by The Health and Safety Executive (HSE) for five offences under Gas Safety legislation after complaints by householders.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.