21/10/2013

Npower Announce 10.4% Price Hike

Npower are to increase dual-fuel bills by 10.4%, making them the third major energy company to announce a price hike.

The energy firms price increase is the largest announced to date and will come into effect on December 01.

The dual-fuel increase includes an electricity price rise of 9.3% and a gas price rise of 11.1%, and will affect some 3.1 million customers.

It is understood that the increase will add £137 to the average annual bill.

As previously announced SSE will implement an 8.2% increase from November 15 and British Gas will increase their prices by 9.2% from November 23.

(MH/CD)

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