Page added on January 19, 2008
British Gas said yesterday it was raising gas and electricity prices by 15% with immediate effect, meaning most of its 16 million customers will pay around
They say in other European countries recent price rises have been substantially less than the 15%-plus increases heaped on UK consumers – evidence that the UK market is not working. In Germany some bills have been falling, while in France gas prices have risen by 4%.
British Gas said yesterday it had been forced to put its prices up due to a 51% increase in wholesale gas prices, and to pay for new environmental charges. Much of Britain’s gas is sourced from the North sea, Norway and continental Europe.
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