Good evening and welcome to bbc news. More than Three Million british gas customers are facing a big rise in their electricity bills. From september the company will charge 12. 5 more for electricity. It means a typical household on a dualfuel tariff will see its annual bill go up by £67. British gas says its putting up prices for the first time in nearly four years because its own costs have risen. But the government and Consumer Groups have condemned the move. Heres our business editor, simonjack. Electricity, a basic need, a simple product. Its the same wherever, or whomever, you buy from. If you buy it from british gas, it will be 12. 5 more expensive from september as the uks largest supplier hiked prices for the first time in four years. Given wholesale costs have come down over that period, why raise prices now . We do agree that, over the last few years, since we dropped Electricity Prices the last time, wholesale costs have indeed fallen by about £36 on a typical bill but we
Good evening and welcome to bbc news. More than Three Million british gas customers are facing a big rise in their electricity bills. From september the company will charge 12. 5 more for electricity. It means a typical household on a dualfuel tariff will see its annual bill go up by £67. British gas says its putting up prices for the first time in nearly four years because its own costs have risen. But the government and Consumer Groups have condemned the move. Heres our business editor, simonjack. Electricity, a basic need, a simple product. Its the same wherever, or whomever, you buy from. If you buy it from british gas, it will be 12. 5 more expensive from september as the uks largest supplier hiked prices for the first time in four years. Given wholesale costs have come down over that period, why raise prices now . We do agree that, over the last few years, since we dropped Electricity Prices the last time, wholesale costs have indeed fallen by about £36 on a typical bill but we
Good evening and welcome to bbc news. More than Three Million british gas customers are facing a big rise in their electricity bills. From september the company will charge 12. 5 more for electricity. It means a typical household on a dualfuel tariff will see its annual bill go up by £67. British gas says its putting up prices for the first time in nearly four years because its own costs have risen. But the government and Consumer Groups have condemned the move. Heres our business editor, simonjack. Electricity, a basic need, a simple product. Its the same wherever, or whomever, you buy from. If you buy it from british gas, it will be 12. 5 more expensive from september as the uks largest supplier hiked prices for the first time in four years. Given wholesale costs have come down over that period, why raise prices now . We do agree that, over the last few years, since we dropped Electricity Prices the last time, wholesale costs have indeed fallen by about £36 on a typical bill but we
Good evening and welcome to bbc news. More than Three Million british gas customers are facing a big rise in their electricity bills. From september the company will charge 12. 5 more for electricity. It means a typical household on a dualfuel tariff will see its annual bill go up by £67. British gas says its putting up prices for the first time in nearly four years because its own costs have risen. But the government and Consumer Groups have condemned the move. Heres our business editor, simonjack. Electricity, a basic need, a simple product. Its the same wherever, or whomever, you buy from. If you buy it from british gas, it will be 12. 5 more expensive from september as the uks largest supplier hiked prices for the first time in four years. Given wholesale costs have come down over that period, why raise prices now . We do agree that, over the last few years, since we dropped Electricity Prices the last time, wholesale costs have indeed fallen by about £36 on a typical bill but we