British Gas 'to increase prices'

Switch energy supplier to cut your winter bills down to size

Compare energy deals and switch to save up to £477* on your bills

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

*Between 1 Jan 2019 and 30 June 2019, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £477 or more.

British Gas is set to increase its prices as its owner Centrica attempts to tackle recent losses, according to reports.

The Financial Mail has claimed that the energy supplier could introduce a rise of over 30 per cent, in a move which will see the average household bill reach around £1,300 a year.

It is thought that Centrica will soon announce a fall in profits for the six months to June, which is expected to be used as a reason behind the new increases.

According to the paper, the price rise will come at the end of August, although a final decision has not yet been taken on when it will actually be introduced.

Earlier this month, the Times also reported that British Gas was gearing up to increase the cost of its energy.

According to that newspaper, the rise will be a minimum of 15 per cent, while other suppliers will follow suit soon afterwards.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more