Energy costs set to increase once again

Those struggling to pay their energy bills after the most recent price rises will soon find that tariffs are to go up once more.

ScottishPower has announced that it will increase the cost of gas by 19 per cent and electricity by ten per cent from August 1st and it is thought that other utility providers will soon follow.

This announcement represents the second price rise in nine months and will affect around 2.4 million households.

However, Ann Robinson, director of consumer policy at uSwitch.com, suggested that the news could lead to the UK witnessing a repeat of 2008 when energy bills increased 41 per cent through price hikes.

“Suppliers may think this is justified because of the increase in wholesale costs, but Ofgem will need to consider whether these increases are justified or not and act swiftly to protect consumers,” she remarked.

“Given that Ofgem has found some evidence that suppliers increase their prices more quickly than they drop them, any consumer complaints about price hikes are unlikely to fall on deaf ears.”

In light of such developments and the increased awareness of environmental issues and climate change, Wiles Greenworld is offering impartial advice on reducing and managing energy costs. Our energy consumption has decreased by 10% year on year and we have been recognised as a Best Green Company by the Sunday Times for our energy efficiency and environmental efforts making Wiles Greenworld the second greenest company in the UK. If you’d like advice on reducing your environmental impact, increasing energy efficiency or where to source the greenest products from London’s leading green office supplies distributor please contact our team on 0208 758 7700.

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