Energy Company SSE To Raise Energy Prices By 8.2%

One of the big six energy suppliers SSE has announced an average price increase of 8.2% in gas and electricity prices from 15 November. The energy firm said the rise reflected higher costs of buying wholesale energy and paying to deliver it to customers' homes, plus government levies. The price rise is expected to impact around 4.4 million customers on its electricity tariffs, and 2.9 million on its gas tariffs, not including those on fixed-price tariffs.

SSE's average standard duel-fuel bill will rise by £106 to around £1,380 per year. The energy supplier has pledged, as a result of the increase, to not increase prices before next autumn (2014). The company has said that 8.2% is an average rise, with customers in the North of England and central Scotland seeing the smallest increase, of 7%, in their dual fuel price, and customers in the South East of England seeing the biggest, up 9.7%.

Business and Energy Minister Michael Fallon said he was "disappointed" by SSE's decision to increase energy prices. He told BBC Radio 5 live: "I would encourage all customers to look again at their tariffs and see whether they can switch to a cheaper tariff." He added the long-term answer to high energy bills was "more competition and encouraging consumers to shop around."

Caroline Flint, shadow energy secretary, said: "When times are tough energy companies should be helping their customers not hitting them with more price rises to boost their profits." (Source: BBC News)

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