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
And the new man at vogue, Edward Enninful takes over at the premierfashion magazine. Good evening and welcome to the Bbc News At Five. British gas has defended its decision to raise Electricity Prices by 12. 5 for more than Three Million customers next month. Centrica, which owns british gas, said it was facing increased costs from government policies, such as installing smart meters, and for transmission and distribution. It said that as a result, its selling electricity at a loss. But the government has expressed concern, insisting that its policies dont explain the increase. Our Business Correspondent theo leggett reports. British gas likes to say its putting its customers in control. Were bringing the nation smarter connected homes. But even if they turn the heating down, those on a standard variable tariff will see their bills going up. After the increases announced today, the cost of an average dualfuel energy bill, thats electricity and gas provided by british gas, will be going
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