Friday 18 January 2013

Households face energy price hike

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E.ON is the last of the big six energy giants to increase its tariffs this winter, meaning that its typical standard dual fuel customer paying by cash or cheque will see their bill rise by around £110 a year to £1,370.

The latest price hike comes at a time when households up and down the country are turning up the thermostat, with forecasters saying Britain will be coated in up to 10in (25cm) of snow on Friday.

Comparison website Confused.com said that the recent increases have widened the gap between the cheapest tariffs on the market and the standard deals being offered by the big six companies to more than £300 a year.

Two years ago, customers on standard dual fuel tariffs were paying up to 23% or £221 a year more than those on the cheapest deals, but the latest round of hikes has increased the price gap to almost a third (30%) or £312, said the website.

http://www.shropshirestar.com/shropshire-business/money/uk-money/2013/01/17/h...

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