Thursday 22 January 2009

British Gas prices are still 20% higher

British Gas is cutting its gas prices by 10% - better than nothing.
The cut will take effect on 19 February and the reduction will save customers £84 on an average annual household gas bill.
But British Gas raised its prices by 35% in July - after wholesale energy costs surged and now the 10% reduction leave still and increase of 20%.

Results:
The average UK household energy bill is £1,293, some 42% higher than the same time last year.

Read the full article:
BBC NEWS | Business | British Gas in 10% gas price cut: "In July 2008, British Gas raised its gas prices by a record 35%, while other firms lifted prices by more than 20%."

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