Energy bills to rise by Â£200 as Scottish Power unleashes massive price rises
Millions of families are to face crippling energy bills after one supplier revealed massive price rises yesterday.
Scottish PowerÂ revealed electricity charges will jump 10% and gas by a staggering 19% on August 1 â€“ an increase for some of almost Â£200.
The company, which made Â£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: â€œWe understand times are difficult for many people and we have done what we can to absorb these additional costs for as long as possible.â€
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