Monday, 9 May 2011

Update on UK gas prices - going up again soon

In a post a couple of weeks ago I highlighted some issues with UK gas supply that were pointing to likely further price increases. Well, now the news is out:

The owner of British Gas, Centrica, has warned that customers may face higher energy bills.

Centrica said "end-user prices" did not reflect the price it was paying for gas on the wholesale market.
"In the UK, the forward wholesale prices of gas and power for delivery in winter 2011/12 are currently around 25% higher than prices last winter, with end-user prices yet to reflect this higher wholesale market price environment," the statement said. Full story

So there you go, more expensive gas, coming soon to a meter near you. If that concerns you, take a look at some pages on my other blog for ideas to cut your bills:


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