As Another Energy Company Hikes there £££££:
Originally posted by 5corpio
Scottish & Southern Bumps Up Gas Price By 18%
Customers of Scottish and Southern Energy are being warned to expect their highest bills ever after the company announced a price hike
Electricity prices are to go up by 11% and gas prices will increase by 18% from September 14. Scottish and Southern estimates it will add £171 to a typical annual duel fuel bill, taking it from £1,094 to £1,265 - its highest average bill ever. But it promised that this would be the last increase until August 2012 at the earliest.
The move follows recent price rises from Scottish Power and British Gas, prompting consumer groups to warn that people were being "priced out" of the energy market. Scottish and Southern Energy (SSE) told customers there were three main reasons why energy bills were on the rise.
"First, the cost of using the energy networks to distribute electricity and gas to customers' homes, which is determined by Ofgem, is 14% higher than it was a....
Read more on this story:
Click HERE
Click HERE
Forum News in May 2011 about SSE:
Utility 'rip-off' row as SSE says gas bills may increase despite 50% rise in profits
Latest Headline News (Media) - Page 18 - allaboutFORUMS
Other Links: BBC News - Scottish Southern Energy to raise its prices
Utility 'rip-off' row as SSE says gas bills may increase despite 50% rise in profits
Latest Headline News (Media) - Page 18 - allaboutFORUMS
Other Links: BBC News - Scottish Southern Energy to raise its prices