Energy bills to rise by £200 as Scottish Power unleashes massive price rises
Published on : 08/06/2011
Compare all energy suppliers
9 out 10 can save money!
Millions of families are to face crippling energy bills after one supplier revealed massive price rises yesterday.
Scottish Power revealed electricity charges will jump 10% and gas by a staggering 19% on August 1 – an increase for some of almost £200.
The company, which made £1.15billion profit last year, blamed the move on rising wholesale energy costs which have jumped 30% in the past year.
Raymond Jack, Scottish Power's UK retail director, said: “We understand times are difficult for many people and we have done what we can to absorb these additional costs for as long as possible.”
Latest gas and electricity news brought to you by UK Power - the energy price comparison site.