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Energy Prices Category

British Gas increases gas and electricity bills

British Gas, owned by Centrica, today announced that it is putting up its domestic gas and electricity prices from 18 August.

Gas bills will rise by an average of 18% and electricity bills by an average of 16%. The change will affect nine million households with the average dual fuel customer paying an extra £190 a year. The company blamed the rising wholesale cost of gas, which has gone up by 30% since last winter.

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British businesses and households could soon see their gas bills soar again!

The nuclear crisis in Japan following the earthquake last Friday has sent natural gas prices to their highest level in more than two years, according to energy experts.

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