Thursday, 10 October 2013

SSE to raise gas and electricity prices by 8.2%

SSE customers will see an average 8.2% rise in gas and electricity prices from 15 November, the company has announced.

The energy firm said the rise reflected higher costs of buying wholesale energy and paying to deliver it to customers' homes, plus government levies.

SSE's average annual standard dual-fuel energy bill will rise to £1,224, and affect about 4.4 million electricity customers and 2.9 million gas customers, not including those on fixed-price tariffs.

Surprise surprise an energy giant has announced a huge rise in their prices, so now that SSE is the first to set a marker let’s see what kind of price rises the others announce in the next few weeks/months.

In fairness to SSE they have pledged not to raise prices again until around this time next year so well done them, everybody a round of applause for the generosity shown by SSE . . . . . 

Judging by this announcement the other energy giants will no doubt increase their prices by the same sort of amount, yesterday the government announced it was capping rail fare increases maybe now they could switch their attention to capping energy prices.

Last year they increased by 6%-10.8% depending on whom your supplier was, this year will be the same and next year the same, and so on.


If there is one industry that needs its prices capping it’d be difficult to look past the energy industry. 

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