• From The Telegraph:

    Families will see annual energy bills rise over £1,300 after the steepest gas and electricity price rises on record.The last two major power firms have announced increases in energy charges for 12 million households.Npower is putting up the cost of gas by an average of 26 per cent and electricity by 14 per cent with immediate effect. It will mean an extra of £162 pounds for gas and £60 on the average household bill for energy from the company which has 6.6 million customers. It takes the annual bill for combined energy customers to £1,267.advertisementHouseholders more pessimistic than ever about UK economyMore on economics | Your MoneyScottish Power has announced it is raising its gas prices by 34 per cent, the biggest hike of any power firm so far, and electricity by nine per cent for its 5.2 million customer from Monday. It means the average annual gas and electricity bill for the company’s customers will be £1,375.Both companies blame soaring wholesal…

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    Posted by Jon @ 5:20 pm

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