UK household gas and electricity price rises
British Gas has announced an average increase of 9.2% in household energy prices – 8.4% on gas and 10.4% on electricity – that will take effect from 23 November 2013.
However, it noted that more than 500,000 of its elderly and most in need customers would be protected by an automatic discount to offset the price increase throughout the winter – worth some £60 per dual fuel household. This is in addition to the £135 that will be paid to many of these customers who qualify for the government’s Warm Home Discount scheme.
The announcement, which will add about £2 a week to the average dual fuel bill, reflects the increasing cost of buying energy in global markets, delivering gas and electricity to the home, and the government’s social and environmental programmes, which are paid for through customers’ bills, stated British Gas.
Earlier in the month, SSE announced that its domestic customers would be seeing their household electricity and gas tariffs increasing by an average of 8.2% from 15 November 2013, citing the same reasons for the price hike.
News Item details
Journal title: Petroleum Review
Region: UK
Keywords: Utilities - gas - Electricity prices - electricity tarrifs - gas prices
Countries: UK -
Subjects: Electricity tariffs
