British Gas to raise energy prices by 6%
Following supplier SSE’s 9% hike in gas and electricity prices, the UK’s largest supplier has announced that from 16 November, customers could be paying almost £80 more a year for their bills.
The average British Gas customer on the company’s standard tariff, Clear and Simple, will see their annual energy bill rise from £1,193 to £1,270. The supplier blames rising costs of supplying energy for the increase, despite recently announcing a 23% increase in half year profits.
Cheapest fixed rate energy deals
There are still a number of good fixed price deals available that could save British Gas customers money and protect them from further rises for a year or more.
The cheapest fixed deal on the market at the moment is First:Utility iSave Fixed v4, at an average price of £1,087 per year. This deal fixes prices until 31 March 2013 and could mean an annual saving of £183 for British Gas Clear and Simple customers.
Another good option is Ovo New Energy Fixed. At £1,088 per year, it offers fixed price energy for 12 months. Ovo is one of the highest rated energy companies in our most recent energy customer satisfaction survey, with a customer score of 76%.
You can switch to these deals by comparing gas and electricity prices online or calling the Which? Switch team on 01992 822 867.
Energy price rises
Two of the six major energy suppliers have now raised their prices, with four still to follow. If you’re worried about how the hikes will affect you, take a look at our advice on what to do when your energy supplier raises prices.
In August we reported on how energy company SSE - which supplies energy through brands including Atlantic, Southern Electric and Scottish Hydro - announced it would raise prices by an average of 9% across gas and electricity for its customers, effective from 15 October.