British Gas to announce pre-winter price rises...

11 October 2012

 Some gas, yesterday. Stop looking at it, you can't afford it.

It’s energy price rise time again folks! British Gas are all set to announce another round of price increases tomorrow, with gas and electricity going up by about 8%, adding around £100 to the average annual dual fuel bill.

SSE (also known as Scottish Hydro, Swalec and Southern Electric) has already taken to the stage and announced it will raise its prices by an average of 9% from Monday. We should have been ready for the British Gas rises as they last put prices up in August 2011, when gas prices went up by 18% and electricity prices by 16%. A meagre 5% electricity in January 2012 was thrown out to customers but it looks as though normal service has been resumed just in time for the cold snap.

‘Hey Bitterwallet,’ we hear you cry, ‘they’re blaming it all on wholesale gas prices again, aren’t they?’ Yes, dear consumer, yes they are. Wholesale gas will be 15% higher this year than it was last year. Whatever that REALLY means.

You can expect to see the rest of the energy companies following suit over the coming days and weeks (days), except for Eon, who have previously promised not change their prices until January 2013, when you can be sure that they’ll put them up. Wahoo! Better start stocking up on jumpers and long johns from your local charity shop…

TOPICS:   Utilities   Motoring


  • Sicknote
    Excellent news, as a shareholder I welcome the annual squeeze on UK energy customers.
  • badger
    UK inflation is 3.2% so I suggest that if it has to increase at all, it goes up by 3.1%. The government will then be on track. Thank you and good night.
  • Chester
    I don't mind as i switched to log burners, much cheaper and atmospheric.
  • CaroleP
    Yup , at this rate we will all go back to coal fires or burning logs or the dreaded parrafin heaters ;-)
  • jimmy s.
    rub two boys together
  • jim
    i am so happy for british gas. its amazing how much profit they can earn in a year. wow - way to go british gas. how many people will die of hyperthermia this winter cos they cant afford the bills? who cares tho eh? loads of profit - capatalism at its best.
  • Jason M.
    These stories always remind me of completely misunderstood song from the 80's: We're buying and selling your history How we go about it is no mystery There's a big bang in the city We're all on the make Our gain is your loss, that's the price you pay I heard it in the House of Commons: everything's for sale We're S-H-O-PP-I-N-G, we're shopping We're S-H-O-PP-I-N-G, we're shopping

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