British Gas And Centrica To Raise Prices Again

   on October 17 2013 10:53 AM

British Gas and Centrica said that it plans to hike gas and electricity prices in November despite rising public and political anger over the continual rise in living costs. Bills will go up by an average of 9.2pc, taking the typical annual dual fuel bill up by more than £120 to a record of £1,465. Centrica said it will raise its household charges for electricity and gas by an average of 9.2% from November. Meanwhile, British Gas said its electricity and gas prices will rise by 10.4% and 8.4% respectively, from November 23.

Bills will rise by an average of 9.2pc, taking the typical annual dual fuel bill up by more than £120 to a record of £1,465. Centrica said it will raise its household charges for electricity and gas by an average of 9.2% from November [Figure 1]. Meanwhile, British Gas said its electricity and gas prices will rise by 10.4% and 8.4% respectively, from November 23.

Centrica said it will raise its household charges for electricity and gas by an average of 9.2% from November [Figure 1]. Meanwhile, British Gas said its electricity and gas prices will rise by 10.4% and 8.4% respectively, from November 23.

Meanwhile, British Gas said its electricity and gas prices will rise by 10.4% and 8.4% respectively, from November 23.

"We recognise that energy bills are a real worry for hard-pressed households, particularly at a time when the cost of living is rising faster than incomes," said British Gas in a statement. "Today's announcement, which will add about £2 a week to the average dual fuel bill, reflects the increasing cost of: buying energy in global markets, delivering gas and electricity to the home, and the Government's social and environmental programmes, which are paid for through customers' bills."

Last week, British energy giant SSE revealed that it is raising household energy prices in November despite originally pledging that it would not ramp up tariffs before Autumn 2014.

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