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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 June 14, 2004 10:07 PM Technorati: