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Scottish Power raises gas and electricity prices

Posted on the 07 June, 2011 at 4:34 pm Written by in Government

Scottish Power is to raise the cost of gas by 19% and the cost of electricity by 10%.

The utility firm said the increase, which would affect 2.4 million households in the UK, would come into effect from 1 August. They cited sustained increases in the wholesale energy market as the reason for this substantial rise in the cost of energy, which is in addition to the 2% gas and 8.9% electric price increases consumers suffered in November 2010.

Affected customers will see an average daily rise to a dual fuel energy bill of 48p per day. This means that customers who take gas and electricity from the company but pay quarterly by cash will see their annual bills rise by an average of £180 to £1,391.

Audrey Gallacher, head of energy at Consumer Focus, told the BBC: “This huge increase will be a body blow for consumers and we fear other firms will follow Scottish Power’s lead.

“Companies have been softening customers up for price rises for months but customers will be shocked at the scale of this rise. Every household in the country will now be bracing themselves for impact.

“When this affects the cost of keeping warm and well, it is not an acceptable state of affairs.”

Read the full BBC article