Rising Costs Could Increase Bills for Consumers
E.ON, one of the leading gas and power companies in the UK, is increasing its rates, and one price forecasting company predicts that the move will increase household bills for some customers.The average annual bill for a dual fuel customer with E.ON will rise from £913 to £1,063, according to uSwitch.com.
On February 8, the company formerly know as Powergen will begin to implement its price increase. It is the latest in a series of increases from UK power companies.
Scottish & Southern Energy has assured customers that it will not raise rates until March, says Ann Robinson, director of consumer policy for uSwitch. Other major suppliers have all increased rates in recent months.
Ms. Robinson points out that customers who comparison shop can set themselves up for savings of £325.
A report in the Observer suggests that more Britons could decide to take out debt consolidation loans this year.