British Gas, which is owned by Centrica, will raise electricity prices by 12.5% on 15 September in a move which will affect 3.1 million customers. Gas prices will remain unchanged, meaning that the average duel bill will rise to £1,120 ($1482), an increase of 7.3% or £76. British Gas promised to give £76 credit to over 200,000 vulnerable customers to mitigate the increase. A spokesperson for Centrica said that further action "to increase fairness for customers" could not be ruled out.
British Gas, which is owned by Centrica, will raise electricity prices by 12.5% on 15 September in a move which will affect 3.1 million customers. Gas prices will remain unchanged, meaning that the average duel bill will rise to £1,120 ($1482), an increase of 7.3% or £76. British Gas promised to give £76 credit to over 200,000 vulnerable customers to mitigate the increase. A spokesperson for the Department for Business, Energy and Industrial Strategy said that further action "to increase fairness for customers" could not be ruled out.