British Gas prices up 35 per cent!
Centrica, the company who owns British Gas is going to increase gas prices by 35 per cent and electricity prices by 9 per cent.
These latest price rises are being blamed on the rise in wholesale gas and electricity prices seen over the last 9 months.
British Gas managing director Phil Bentley said: “We very much regret that we have had to make this decision at a time when many household budgets are already under pressure.
“The simple fact though, is that we have entered an era of unprecedented high world energy prices. The only answer to cope with higher energy prices, I’m afraid, is for all of us to be more energy efficient.”
It surely won’t be long before we see the rest of the energy industry following suit…