Price hikes on Gas in the UK from energy fiem E.ON

from the Daily Mail

An energy firm in the UK is raising rates. This adds to the concern that many more people will not be able to stay warm this winter.

The firm E.ON will raise gas bills by 26% and energy bills by 15%. They blame soaring prices for gas on the wholesale market. - Kale


A spokesman for watchdog Energywatch warned last night: 'There'll be no respite for consumers from higher energy bills.

'For the four suppliers who haven't raised prices for the second time this year (nPower, E.on, Scottish&Southern Energy and Scottish Power) it's now a matter of how much they will increase bills and when.'

While Centrica and its rivals are cashing in from household bills, more and more Britons are falling into fuel poverty, which is defined as spending over ten per cent of disposable income on heat and light.

There are already an estimated 4.5million in fuel poverty, but the figure is expected to rise by at least a million this winter.

'UK consumers really could have done without this,' said Damien Cox, senior energy analyst, at John Hall Associates, an independent energy consultancy.

'It's not a serious supply issue at the moment because demand in August is low but it does raise the likelihood of problems this winter.'

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