Wednesday, Jun 18, 2008
Cpi 3.3%
BBC News: Energy bills could go up by 40%
Household energy bills could increase by as much as 40% this winter, the BBC has learned, as oil and wholesale gas prices hit record highs.
The increases could mean households paying £400 more a year on average for their gas and electricity, senior industry sources have said.
The increase is far more than analysts have predicted in recent months.
I love the Capital Economics comment that RPI would only jump 1% if energy prices rose 40%. Says it all really!
Posted by flintster1994 @ 05:45 PM (536 views) Add Comment
4 Comments
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1. japanese uncle said...
Then, IR must go two-digit, naturally.
2. Adrian said...
Could go up by 40%
I have an Oil tank in the garden and the house is heated and we get hot water via an oil burner. The cost of oil has increased by more than that already.
3. malct said...
1. japanese uncle said...
Then, IR must go two-digit, naturally.
thought you knew better ju
pitchforks and spades I reckon
sctythes and sickles it is then
blunderbusses at ten feet
can you feel it yet?
4. Raddy59 said...
Why do higher OIL prices mean higher gas pices?