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March 31, 2006
Scottish and Southern Energy increase domestic energy prices
Scottish and Southern Energy plc ("SSE") will increase its prices for the majority of its domestic electricity and gas customers on 1 May 2006. Standard prices for electricity customers will increase by 9.4% on average and standard prices for gas customers will increase by 16.5% on average. SSE will, however, hold its electricity and gas prices for these domestic customers at their revised levels until at least the start of 2007.
This is in line with SSE's policy, which is to seek to protect its customers from the worst impacts of high and volatile wholesale energy prices and to delay for as long as possible any increases in prices for gas and electricity. SSE's decisions to delay price rises have saved a typical* gas and electricity customer around £100 since the start of 2004, compared with what they would have paid had SSE increased prices at the same time as the UK's largest energy supplier.
All other major suppliers of energy have already increased their prices for domestic customers on at least four occasions during that period and some have increased prices five times. This is the fourth time that SSE has increased domestic electricity and gas prices since the start of 2004. During that time wholesale electricity prices have risen by 165% and wholesale gas prices have risen by 180% whereas the cumulative average price increases made by SSE in that period are 37% and 61% respectively.
For customers who like peace of mind and wish to guard against future uncertainty in energy prices, SSE is introducing a fixed price tariff for gas and electricity. While the fixed price is higher than the revised prices which will take effect on 1 May 2006, it is guaranteed until 2010.
Alistair Phillips-Davies, Energy Supply Director of SSE, said: “The impact of high wholesale energy prices can only be absorbed for so long and we have delayed this price increase for as long as possible. In doing so, we have again imposed price rises more slowly than our competitors, an approach which has been of real help to our customers over the past two years. We are also making a commitment to hold electricity and gas prices at their revised levels until at least the start of 2007, which is in line with our policy of responsible pricing. This policy clearly helps all customers. We are also ensuring our most vulnerable customers receive further help though our ‘energy plus care’ package, which offers practical help with fuel bills to those who most need it.”
As with any gas or electricity price increase Energylinx would encourage all domestic customers to carry out a comparison of all energy suppliers available to their home. With energy price increases outpacing inflation by a factor of 12:1 an average domestic customer could find themselves paying easily 10% more for their energy prices than is necessary.
Energylinx is largest specialist domestic energy price comparison in the UK that allows users to compare the prices of every single gas and electricity supplier. With so many companies in the market it becomes ever more critical that the domestic customer ensures that any comparison provided is 100% impartial.
Domestic customers can do this by logging onto any of the following links or to call Energylinx on 0800 849 7077 for a personalised quote. Energylinx will then send you a detailed domestic energy quote.
These Energylinx calculators are unique in that they allow you to compare the prices of all energy suppliers.
Energylinx will arrange the whole transfer process for you, including notifying your existing supplier of any planned change and tracking the transfer to ensure that it occurs on time and accurately. Energylinx provides its services completely free of charge to the domestic consumer
Posted by energylinx at 03:23 PM Technorati: Energy Prices
March 03, 2006
Telecom Plus increase gas and electricity prices
Telecom Plus has succumbed to pressure and joined the ranks of the many gas and electricity suppliers who have increased prices over the last few weeks.
Their average increases are electricity prices at an average 9.16% increase across the UK and gas prices at an average of 10.38% across the UK. Telecom Plus like the many other energy suppliers had their last increase in October 2005.
Compared with many of the recent increases their average figures appear relatively modest and as you can see from the following table there are even some areas where gas prices remain untouched:
| Local Distribution Area | Pre Increase | Post increase | increase | overall % increase | Gas% increase | Electric % increase |
| East Midlands | £723.00 | £806.69 | £80.03 | 11.57% | 10.46% | 14.32% |
| Eastern | £749.05 | £814.03 | £79.47 | 8.67% | 10.46% | 6.64% |
| London | £768.17 | £838.13 | £81.44 | 9.11% | 8.84% | 10.12% |
| Manweb | £747.30 | £849.84 | £81.64 | 13.72% | 11.56% | 17.87% |
| Midlands | £723.85 | £780.86 | £79.99 | 7.88% | 10.46% | 4.28% |
| Northern | £731.70 | £791.79 | £79.57 | 8.21% | 10.71% | 4.90% |
| Norweb | £733.37 | £815.63 | £79.41 | 11.22% | 10.71% | 12.86% |
| Scottish Hydro | £734.16 | £784.04 | £81.86 | 6.79% | 11.56% | 0.00% |
| Scottish Power | £758.42 | £860.27 | £81.74 | 13.43% | 11.56% | 17.00% |
| Seeboard | £760.33 | £826.12 | £80.99 | 8.65% | 8.84% | 8.98% |
| Southern | £701.77 | £782.34 | £80.59 | 11.48% | 10.46% | 14.29% |
| Swalec | £760.58 | £806.15 | £82.69 | 5.99% | 10.46% | 0.00% |
| SWEB | £789.44 | £861.81 | £82.53 | 9.17% | 8.84% | 10.20% |
| Yorkshire | £720.39 | £783.63 | £79.48 | 8.78% | 10.46% | 6.71% |
| Average UK wide increase | 9.62% | 10.38% | 9.16% | |||
| Based on standard domestic consumer consuming an average 3,300 kWhs electricity and 20,500 kWhs of gas per annum - paying by monthly direct debit. Prices include the monthly UWDC membership fee. % increases noted are against these profiles. Source www.energylinx.com. 03.03.06. | ||||||
Regardless of what effect these increases have on your own energy account Energylinx would encourage all domestic customers to spend five minutes and carry out free comparison of your own energy requirements using the most comprehensive energy calculators available in the UK
Domestic customers can do this by logging onto any of the following links or to call Energylinx on 0800 849 7077 for a personalised quote. Energylinx will then send you a detailed domestic energy quote.
Energylinx is currently the only energy price comparison service, accredited by energywatch, that actually allow you to view and transfer to every single tariff available to your home.
These Energylinx calculators are unique in that they allow you to compare the prices of all energy suppliers.
Energylinx will arrange the whole transfer process for you, including notifying your existing supplier of any planned change and tracking the transfer to ensure that it occurs on time and accurately. Energylinx provides its services completely free of charge to the domestic consumer
Posted by energylinx at 06:12 AM Technorati: Energy Prices
