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British Gas to increase gas and electricity prices by 5.5%


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Well it is that time of year again and BG have started the ball rolling who will be next to fleece their customers. Do they do it now because people will not be using as much gas for heating and so the bill will not seem to have gone up as much?

British Gas, the largest of UK energy supplier, said that 4.1 million of its customers would be affected by the price rise. It will cost customers about another £60 a year so that is over £240m extra for BG.

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Well it is that time of year again and BG have started the ball rolling who will be next to fleece their customers. Do they do it now because people will not be using as much gas for heating and so the bill will not seem to have gone up as much?

British Gas, the largest of UK energy supplier, said that 4.1 million of its customers would be affected by the price rise. It will cost customers about another £60 a year so that is over £240m extra for BG.

 

An inevitability, BG import 44% of the gas via pipelines from Europe. The value of the pound has tanked 12% compared to the Euro.

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An inevitability, BG import 44% of the gas via pipelines from Europe. The value of the pound has tanked 12% compared to the Euro.

 

I blame Brexit.

 

 

It always strikes me as odd that we have a multitude of gas suppliers, all selling the same gas out of the same pipes but at different prices. As for the price rise, what's new about that, we expect it don't we.

 

Angel1.

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