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June 14, 2004

Scottish and Southern price increases

Scottish and Southern Energy, owners of SWALEC, Southern Electric, Scottish Hydro-Electric and Atlantic Electric and Gas will tomorrow announce gas and electricity prices increases across all their brands within a matter of two weeks.

From the 1st of July English and Welsh customers of SWALEC, Southern Electric, Scottish Hydro-Electric will face an increase of 3.9% in their electricity bills, with Scottish customers suffering a 2.9% increase.

Unfortunately gas customers will see a much higher increase, with those customers who joined before February this year facing a 9% increase, whereas customers who joined the energy group since February will face a 4% increase.

Customers of Atlantic Electric and Gas, the energy supplier bought by Scottish and Southern Energy earlier this year will face even heftier increases from 5 July, where on average electricity prices are being increased by 16% and on average 22% for gas customers.

To be fair on Scottish and Southern Energy, Atlantic customers had not faced a price increase for some time and these increases reflect the current market price and are part of the integration of Atlantic into the main group.

Posted by energylinx at 10:07 PM Technorati: