Category Archives: Energy price updates

A record of our comments on major changes in gas and electricity prices

SSE price hike 15 October 2012

SSE price increases kick in

From 15 October 2012, 5 million of SSE’s battered customers will be faced with the burden of having to pay an extra £100 a year to heat their homes.

Customers on a Standard tariff paying their bills by monthly direct debit will be hit with an increase of £102 (8.7%) while those paying quarterly by cash or cheque will be stung with a bigger increase of £119 (9.6%). Continue reading

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British Gas price hike

British Gas Price Increase
British Gas today (12 October 2012) became the second of the Big 6 energy suppliers to announce energy price increases.
 
From 16 November 2012, the vast majority of British Gas’ 16 million customer accounts will see their gas and electricity prices increase by 6%. This will increase average dual fuel bills by £80 a year meaning customers paying by monthly direct debit will see their annual bills rise to £1,273 while those paying by cash or cheque quarterly will see bills rise to £1,350. Continue reading

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npower price hike 2012

npower price hike (12 October 2012) comment

npower today (12 October 2012) became the third of the Big 6 energy suppliers to announce energy price increases. From 26 November 2012, the vast majority of npower’s 6.5 million customer accounts will see their gas and electricity prices increase by 9%. This will increase average dual fuel bills by £109 a year meaning customers paying by monthly direct debit will see their annual bills rise to £1,257 while those paying by cash or cheque quarterly will see bills rise to £1,352. Continue reading

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Energy Markets Overview April 02 2012

Wholesale gas and electricity prices both gained a couple of percent on the week pushed higher mainly by a gas leak in the North Sea which forced closure of the Elgin gas field.
 
Wholesale gas prices and electricity prices are up by 20% and 11% respectively from their opening levels of 2012. Brent crude in GBP remains comfortably above its 2008 high. Continue reading

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Energy Markets Overview March 26th 2012

Wholesale gas and electricity prices both fell by just over 1% on the week driven mainly by the warmer weather. Oil prices also started the week lower but finished flat after a bounce on Friday.
 
Wholesale gas prices and electricity prices are up by 19% and 10% respectively from their opening levels of 2012. Brent crude in GBP remains comfortably above its 2008 high. Continue reading

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Energy price cuts announced (and analysed)

Wholesale Markets Summary

Wholesale Markets Summary

Wholesale Markets Summary

In what has to be the quickest price cut round in history (although to be fair there aren’t many comparisons here) all of the Big 6 energy suppliers have now announced their price cuts in the current round. Exact pricing details have not been released in the majority of cases. However, Continue reading

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