Energylinx UK Energy Industry News Service
March 20, 2008
Scottish and Southern Energy, latest energy company to increase prices
Scottish and Southern the UK Energy company who operate the brands, Atlantic Electric and Gas, Scottish Hydro Electric, Southern Electric and SWALEC today announced a price increase all four brands.
The increase averages 14.43% on electricity and 15.58% on gas. The new prices can be found on our platform now.
Full details are as noted in the following table.
|Distribution Area||New electricity cost and increase||New gas cost and increase||New dual fuel cost and increase|
|SCOTTISH HYDRO *||17||£373.31||4.49%||£569.18||18.78%||£942.49||12.68%|
|SOUTH WALES *||21||£419.45||11.88%||£569.18||15.53%||£988.63||13.95%|
|* S&SE first tier territory||Average electricity increase||14.43%||Average gas increase||15.58%|
|based on a 'standard' customer paying by monthly direct debit, consuming 20,500 kWhs of gas and 3,300 kWhs of electricity. As at 20th March 2008. Info from www.energylinx.co.uk|
Scottish and Southern are the last of the major six UK energy suppliers to announce an increase during 2008.
Energylinx believes that we will see a further increase of around 6% in energy prices across the board in latter half of 2008 as even with the recent increases the energy companies are not profiteering as wholesale energy costs continue to increase.
Energylinx would encourage all householders to actively compare energy prices and would encourage all users to take advantage of the unique 100% impartial free calculators available at Energylinx.