British Gas prices up 9.2%
Energy giant British Gas said electricity and gas prices will rise by 10.4% and 8.4% respectively from November 23.
Energy giant British Gas said electricity and gas prices will rise by 10.4% and 8.4% respectively from November 23.
Energy Secretary Edward Davey said British Gas' numbers "just don't add up" after the firm raised its electricity and gas prices.
Mr Davey said the increases are "extremely disappointing news for British Gas’ customers, and the company will need to justify this decision openly and transparently."
He continued: “I recently wrote to energy companies asking them to publish their costs of delivering the Energy Company Obligation.
"Today’s announcement shows why that’s necessary, because British Gas’ ECO numbers just don’t add up when you look at what other energy companies are saying about their costs.”
Customers have used a pre-scheduled Q&A session on Twitter to vent their rage at British Gas' plans to hike average energy prices by 9.2%
British Gas may have regretted hosting an question and answer forum just hours after announcing an above-inflation price hike.
British Gas announced a price hike today, just a week after energy company SSE did the same. Here are a few tips to help you save money.