Tuesday 8 November 2011

Last of the Big Six’s summer price rises kick in

EDF Energy's new pricing will kick in on Thursday, making it the last of the Big Six to raise prices. EDF's prices will go up by 15.4% for gas and 4.5% for electricity, a rise of £101 and £21 respectively.

The UK's largest energy suppliers all announced increases over the summer which they said was in response to increased wholesale costs.

Campaigners say this spells the beginning of a winter full of rationing for some customers. Ann Robinson, Director of Consumer Policy at uSwitch.com said: "As we brace ourselves for another cold winter, the vast majority of British households are facing the reality of substantially higher energy prices. Two price hikes from all the big six suppliers will put a significant strain on family finances and many will be forced to ration their energy use in order to keep a lid on bills."