Monday, 20 September 2010

Fuel bills to rise by £150 more a year

Power firms are planning a 10 per cent hike in gas and ­electricity prices despite making massive profits in last winter's cold ­weather.

Average bills for a couple will go up this winter by around £115 to £1,265 a year. Bills for larger households will increase from an average of £1,500 to £1,650.

British Gas, the UK's biggest supplier, which doubled its half-year profits up to June to £585m, has already warned higher prices are on the way.

Mark Todd, of price comparison website, said: "This is the last thing people need. We are very fearful about the impact on hard-up families and pensioners who might be tempted to turn down their heating to cut costs."

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