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ENERGY COSTS UP AGAIN

23/06/06

ScottishPower announces price rises for all customers in spite of £805m profit announcement less than a month ago:

Only weeks after ScottishPower announced a massive 39% increase in operating profits the energy giant has become the first major supplier to announce a second round of energy price increases in 2006. The timing of these announcements will evoke little sympathy or understanding from ScottishPower’s 5.25 million customers who will be hit by significant bill increases of £90 for gas and £35 for electricity and who will see their annual bills soar from £858 to £983.

  • 17% increase in gas prices and 10% for electricity from 10th July 2006
  • Sixth hike in gas prices, totalling 84% by ScottishPower since 2004
  • Customers to pay an extra £125 a year for energy bills, taking the average energy bill to £983
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