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Originally posted by diddy1234
From web site :-
'Energy bills could rise by almost £200 per household this year if all six big suppliers follow the lead set by Scottish Power.
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money
Renewed calls for a Competition Commission inquiry into the energy market are expected after British Gas reported a 24% jump in profits to a record £742m last year.
British Gas, Britain's biggest supplier of electricity and gas, added 267,000 customers in 2010 and now has 16m accounts.
Operating profits at British Gas's parent company Centrica broke through the £2bn mark, jumping 29% to £2.3bn, also a record.
Originally posted by thoughtsfull
I forgot to add to my post of woes, this is the first year I will have to pay a "drought" surcharge to the local Water company just after it was brought by JP Morgan. Even tho I sit above one of the largest aquifers in the UK, said to contain enough fresh water to last the country a few hundred years they still manage to get this surcharge passed the gov.. It is disgusting how these companies behave and how our government responds to them.
Originally posted by JakiusFogg
Lets put this into context. My last winter quater (2008/2009) gas bill in the UK was around 500 GBP this is on a 3 Bed semi where the wife has the central heating on pretty much all the time