British Gas has announced household gas and electricity bills will rise by an average of 7% from next month.The firm said the price change will amount to an increase of £1.50 on the average combined weekly bills for gas and electricity.It said around eight million customers would be hit from December 10.
The rise will not be applied to 300,000 of the “most vulnerable” customers – such as the poorest pensioners – until after winter, British Gas said.
The company said rising wholesale prices had forced it to lift the bills.
It comes after Scottish & Southern said last month it would put up its gas bills by 9% from December 1.
British Gas managing director Phil Bentley said: “We know that rising energy prices come at a difficult time for many in Britain.
“That’s why we are not raising prices for our vulnerable customers, such as the poorest pensioners, until after this winter.”
Some 1.6 million customers on fixed price deals will not be affected in any way, British Gas added.
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