British Gas announces increases to energy tariffs
British Gas is to increase its energy tariffs by an average of 5.5 per cent from next month.
Bills will cost an extra 60 pounds a year.
More than four million customers will be affected.
The company released the following statement: "On the 29th May, the price of gas and electricity on our Standard tariff will be increasing for customers with credit meters. If you have pay as you go meters these changes won’t affect you.
"We’re increasing our prices to reflect the rising cost of supplying energy to your home. We appreciate that price rises are never welcome, so this isn’t a decision we’ve taken lightly. If you’re currently on a fixed term tariff then this increase won’t impact you.
"We’ve written to all customers affected providing full details of the price increase. You can also log in to your account to check your current tariff and see what options are available to you. It’s easy to switch to one of our alternative tariffs and you won’t need to pay an exit fee."Published: by Radio NewsHub