Today's Price Hike by British Gas Set to Add 1 Billion* Per Year to Customer's Bills
According to independent switching comparison service, www.uSwitch.com, customers should expect a 14.2 percent price increase in gas prices and 14.2 percent for electricity.
(PRWEB) September 11, 2005 -- British Gas customers gas and electricity bills are set to increase by 104** following todays price hike announcement according to independent switching comparison service, www.uSwitch.com.
Todays price increase, is the largest single hike from any supplier this year and will see gas prices rise by 14.2 percent and electricity prices by 14.2 percent from 19th September bringing the average family bill up to a staggering 821*** per year.
Alan Tattersall, Director of Home Services at www.uSwitch.com comments: Theres no doubt todays price rise by British Gas will come as a real blow to customers, particularly those customers whove already paid the price for remaining loyal to them following last years record hikes. Anyone still with British Gas would do well now to shop around for a better deal."
Notes to editors:
| | - Based on price increase for an average family of four living in a three bedroom semi-detached house (20,500kWh of gas and 3,300 kWh of electricity a year), average of customers paying quarterly by cash or cheque and monthly direct debit, multiplied by the number of British Gas gas and electricity customer figures taken from Centricas Preliminary Results for the year ended 31 December 2004.
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**Based on 64 single fuel increase for an average customer for gas and 40 single fuel increase for an average electricity customer (as stated in *) across Great Britain.
***Based on an average customer (as stated in *), taking both gas and electricity from British Gas
www.uSwitch.com is a free, impartial online and phone based comparison and switching service which helps consumers compare prices on gas, electricity, home telephone, digital television and personal finance products. Our aim is to help customers take advantage of the best tariffs and services on offer from every supplier. The company has developed a calculator which evaluates a number of factors including price, location, service and payment method, and advises consumers on the best deal to suit their needs.
If they chose to, consumers can switch while theyre online or phone customer services direct.
The service is also available via telephone, fax and post. Consumers can call on 0800 093 06 07, fax 020 7233 5933 or write to Customer Services, uSwitch.com, 10th Floor, Portland House, Stag Place, London, SW1E 5BH , with their postcode and usage details.
www.uSwitch.com is not a supplier but acts as an independent advisor, giving consumers an impartial view of whats on offer. Unlike traditional brokers, it compares prices from all energy suppliers, not just those it has a commercial relationship with. The service is based on the most up-to-date information provided by the supplier companies and industry regulators.
For more information visit www.uSwitch.com or call 0800 093 06 07
For more information please contact:
Lucy Gaynor, www.uSwitch.com on 020 7 802 2967 or lucygaynor@unswitch.com
Alison Merrigan, Lansons Communications on 020 7 294 3634 or alisonm@lansons.com
Beverley Aujla, Lansons Communications on 020 7 294 3683 or beverleya@lansons.com
Jo Coltman, Lansons Communications on 0207294 3640 or joannac@lansons.com
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