Energylinx UK Energy Industry News Service

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July 31, 2008

British Gas, the impact of the latest price increases

Yesterday, 30th July 2008, British Gas announced that both its gas and electricity prices were going to increase.

Given how wholesale energy prices are rocketing and coupled with the fact that this year the UK will require to import some 40% of its winter gas requirements from abroad then unfortunately this might be a sign of things to come.

To help you understand that actual impact on your pocket Energylinx has carried out some analysis of what a standard domestic customer paying by monthly direct debit might see impact their pocket.

Distribution Area Gas Increase % Electricity Increase % Dual Fuel Increase %
Eastern  £  257.97 43.9%  £    36.75 9.6%  £  294.72 30.8%
East Midlands  £  246.05 41.8%  £    21.62 5.6%  £  267.68 27.8%
London  £  257.97 43.9%  £    20.91 5.4%  £  278.88 29.1%
Manweb  £  246.05 41.8%  £    24.30 6.0%  £  270.35 27.6%
Midlands  £  257.97 43.9%  £    17.83 4.6%  £  275.79 28.6%
Northern  £  246.05 41.8%  £    12.44 3.0%  £  258.49 26.2%
Norweb  £  246.05 41.8%  £    23.72 5.9%  £  269.77 27.7%
Scottish Hydro  £  234.37 39.8%  £    42.12 10.8%  £  276.48 28.7%
ScottishPower  £  234.37 39.8%  £    34.64 8.8%  £  269.01 27.8%
SEEBOARD  £  246.05 41.8%  £    34.15 9.2%  £  280.20 29.7%
Southern  £  257.97 43.9%  £    33.94 8.7%  £  291.91 30.3%
SWALEC  £  234.37 39.8%  £    24.80 6.1%  £  259.16 26.4%
SWEB  £  246.05 41.8%  £    20.76 5.1%  £  266.81 27.1%
Yorkshire  £  234.37 39.8%  £    22.76 5.8%  £  257.12 26.5%
Based on a standard domestic user consuming 20,500kWhs of gas and 3300kWhs of electricity paying by monthly direct debit (inc. VAT). Source: Energylinx as at 31.07.2008


Average Dual Fuel Increase 28.19%
Average Electricity Increase 6.76%
Average Gas Increase 41.84%
based on a standard domestic user consuming 20,500kWhs of gas and 3300kWhs of electricity paying by monthly direct debit. Source: Energylinx as at 31.07.2008

So what can you do to beat these increases.

Quite simply shop around using the free energylinx 100% impartial energy price comparison service.

If you have got gas and electricity, click here for your free quote

and

If you have got electricity only, click here for your free quote

With average savings into the hundreds of pounds it needs to be something that you do regularly, at least once a year.

Energylinx takes care of absolutely everything for you and best of the service is 100% impartial and completely free. Many comparisons deal with the main suppliers Energylinx deals with them all.

Posted by energylinx at July 31, 2008 08:07 AM Technorati:

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