Posts Tagged ‘Scottish & Southern prices rise’
Ofgem the energy supply regulator has slammed price rises after energy companies show huge increase in profits after successive price rises over the summer.
Profit Margin from incfreasing electricity pricing
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Read the full BBC article here:
BBC News report
EDF puts up its charges by 15%
From the 10th November 2011 EDF customers will also see prices rise by an average of 15%, ontop of the 7.5% introduced in March this year.
EDF follows the other five major energy suppliers – British Gas, Scottish Power, Scottish & Southern Energy, Npower and E.On in announcing price rises.
The tariffs across the industry have included price rises of up to 18%. The BBC has put together a chart of price rises by supplier so you can see the impact of costs, click link above or image below to read the BBC story.
Click here to see the BBC report
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Npower make it 5 out of 6 raising utility prices
npower’s 6.5 million customers join the millions of Britons facing higher energy bills after npower became the fifth of the “big six” providers to raise gas and electricity prices.
This will mean an average energy bill up by £134 to £1,188 a year for npower’s 6.5 million UK customers.
Npower follows Scottish Power, British Gas, Scottish & Southern Energy and E.ON in announcing price hikes, blaming wholesale price increases. Only EDF of the big six, who provide 99% of the UK energy system have not raised its prices.
Average tariff increases have been between 10% and 19% on gas and electricity.
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- Davey: Climate change policies could halve negative impacts of energy price shocks May 18, 2012The negative impact that spikes in global oil, gas and coal prices have on the UK could be reduced by over 50% in 2050 as a result of climate change policies, Edward Davey said today. The analysis, produced by Oxford Economics and commissioned by Government, shows how the UK’s sensitivity to oil and gas price shocks could be reduced by using low-carbon forms […]
