Rising energy costs not warming residents

Posted 2008-02-2

Energy provider E.ON, formerly known as Powergen, is joining the ranks of other fuel providers who have raised energy costs in the last few months. E.ON was slated to raise prices starting February 8th and customers could begin to see higher energy bills very soon, as predicted by a price comparison Web site.
Dual fuel customers of E.ON may see their average household bills rise from an average of £913 to £1,063, according to uSwitch.com.
Ann Robinson, Director of Consumer Policy at uSwitch.com, noted that all but one of the major suppliers has increased rates in recent months. Scottish & Southern Energy has pulled away from immediate price increases, and stated that it will delay any hikes until late March.
“With savings of up to £325 to be made, now is the time for consumers to really start making competition work for themselves,” Ms. Robinson offered. Placing additional financial strain on consumers during these tough economic times comes as an unwelcomed burden; so shopping prices could put some pressure on providers to remain as reasonable as possible.
As the cost of living and running households continues to increase, Britons may be inspired to take out debt consolidation loans this year, as noted in a recent Observer report.

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