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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.
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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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11 January 2012
EDF Energy Reduce Gas Prices By 5%
EDF Energy has announced it will cut its gas prices by 5% – becoming the first major supplier in 2012 to announce it will pass on falling wholesale prices to its customers. The company was the last of the major suppliers to raise its energy prices in the autumn.
EDF Energy Reduce Gas Prices By 5%
EDF Energy has announced it will cut its gas prices by 5% – becoming the first major supplier in 2012 to announce it will pass on falling wholesale prices to its customers. The company was the last of the major suppliers to raise its energy prices in the autumn.
12 October 2010
UK Inflation Remains At Current Rate
According to the Office for National Statistics (ONS), UK Consumer Prices Index (CPI) inflation remained unchanged at 3.1% in September. Including a higher proportion of housing costs, the Retail Prices Index (RPI), fell back slightly to 4.6%.
UK Inflation Remains At Current Rate
According to the Office for National Statistics (ONS), UK Consumer Prices Index (CPI) inflation remained unchanged at 3.1% in September. Including a higher proportion of housing costs, the Retail Prices Index (RPI), fell back slightly to 4.6%.
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.
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.
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.
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Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
