Thursday, September 7, 2006
Npower announces third price rise
Energy company Npower has announced its third price increase for domestic customers so far this year. Its six million customers will face a 17.2% rise in their gas bills while electricity prices will go up 9.9% from 1 October. Rising wholesale energy prices, which it said had jumped 250% since 2003 and 60% in the past year, were blamed. The new charges will lead to an average increase of £92 a year for gas users and £36 for electricity customers.