En­ergy firms join hike

Sunday Mail (UK) - - News -

Greedy en­ergy firms are set to ham­mer cus­tomers with price hikes to­talling an ex­tra £500mil­lion a year.

In­dus­try ex­perts say at least two more sup­pli­ers are poised to an­nounce rises just days af­ter Bri­tish Gas, the na­tion’s big­gest sup­plier, hit four mil­lion users with a £ 60 a year in­crease in stan­dard tar­iffs, adding £246mil­lion to bills.

French- owned EDF En­ergy hiked prices by £16 a year for 1.3 mi l lion house­holds and Ger­man firm E.on’s bills rose by £22 for one mil­lion cus­tomers.

Npower, SSE and Scot­tish Power are ex­pected to fol­low this week, adding a fur­ther £ 400-£ 500mil­lion to cus­tomer bills. It means to­tal UK an­nual house­hold en­ergy bills will rise from £28.5bil­lion to £29bil­lion.

Mark Todd of price switch site en­er­gy­helpline, warned yes­ter­day: “The en­ergy price rise wave is on. Half of the big sup­pli­ers have now played their hand.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.