British Gas Raises Energy Prices by 9.2%
From The Guardian
By Angela Monaghan
British Gas will raise energy prices by an average of 9.2% next month, piling further financial pressure on 7.8 million households and reigniting the political row over soaring gas and electricity prices.
Parent company Centrica became the second of the big six energy firms to announce a price rise after SSE raised prices last week. The average annual dual-fuel bill with British Gas will increase by £107 to £1,297.
Centrica blamed the above-inflation hike on higher costs for wholesale energy and delivering gas and electricity to homes, and government’s “social and environmental programmes” which are paid for through customers’ bills.
Electricity bills will rise by 10.4% and gas bills by 8.4% from 23 November. With usage and regional variations this equates to an average price rise of 9.2%, Centrica said.
The move escalated the row between energy providers and the Labour leader, Ed Miliband, who accused SSE of “ripping off” customers after it announced an 8.2% price rise for its 7 million customers.
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