The UK's biggest domestic supplier today heaped misery on households after hiking gas and electricity bills. British Gas, which has 15.9 million customers, is raising gas bills by 35 per cent and electricity prices by 9 per cent. Average dual fuel prices will jump 25 per cent. The company blamed soaring wholesale energy prices for the move, which follows price increases from rival EDF Energy last Friday. The price hikes come into effect immediately and will add an extra £262.80 a year to the average dual fuel customer's bill, or 72p a day. British Gas managing director Phil Bentley said: "We very much regret that we have had to make this decision at a time when many household budgets are already under pressure.
The UK's biggest domestic supplier today heaped misery on households after hiking gas and electricity bills.
British Gas, which has 15.9 million customers, is raising gas bills by 35 per cent and electricity prices by 9 per cent. Average dual fuel prices will jump 25 per cent.
The company blamed soaring wholesale energy prices for the move, which follows price increases from rival EDF Energy last Friday.
The price hikes come into effect immediately and will add an extra £262.80 a year to the average dual fuel customer's bill, or 72p a day.
British Gas managing director Phil Bentley said: "We very much regret that we have had to make this decision at a time when many household budgets are already under pressure.
But aren't competitive markets wonderful? In the long run, we're all dead. John Maynard Keynes
There is one where i live in a months time and I'm hoping to go. Can we brainstorm a good energy question if I get the chance to pose one ? keep to the Fen Causeway
as he climbed into his Bentley...
this will hurt me much more than it hurts you....
every penny extra on energy bills is another possible wake-up call for the millions who don't yet care where their energy's coming from, and an inducement to taker more conscious responsibility for us all to clean up our act in that respect.
this is where the rubber meets the road, this another spark that could light a fire of long overdue public awareness.
how and why it's taken so long for the public to wake up, well well well, if it ain't that old sauce bernays smothered all over everything.
what we thought chicken, now we find is crow, under the cream-of-bullshit. ~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
But coupled with commensurate rises in transportation fuel costs and food costs and doubtless the cinemas server farms are going to need to raise prices as their costs go up...that is a lot of Starbucks and scones and barista salaries that aren't going to be percolating around the economy.
And, 268 pounds times 12 months times the 10 or 20 years life of the solar panels - that is a lot of potential dosh to be spread amongst the wind and panel business.
Teach those baristas how to do AC Transformer conversions~! Never underestimate their intelligence, always underestimate their knowledge.
Frank Delaney ~ Ireland
As is normal in the UK, they regard the EU as lost in bureaucracy and red-tape whilst lamenting they aren't in the USA and the real red-meat capitalism that delivers true value to the consumer. The reality that their world-view is entirely fuelled by mythology and completely contradicted by facts is never going to change anything, cos those facts are produced by foreigners (US isn't foreign) and so meaningless keep to the Fen Causeway
