SSE becomes third energy supplier to hike prices

by Mark Vickery on 22 July 2011  |  5 comments
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Now really is the last chance to get a cheap fixed energy prices before your bills sky rocket.

Scottish & Southern Energy has become the latest of the Big Six suppliers to raise its prices this summer. Its gas prices will go up by 18% and electricity by 11% from 14th September, mirroring ScottishPower’s rise that comes into effect 1st August. Customers will see their bills rise by an average of £170 per year to break the £1,300 mark, and that’s just an average!

So, three of the Big Six have now announced price rises. nPower was quick to quash rumours of its own price rise last week. However, it is almost inevitable that the remaining two (EdF and E.ON) will make their move in the next few weeks, with nPower soon after.

The cheapest tariffs continue to be withdrawn left, right and centre as experts urge consumers to get on a fixed tariff before even more prices can go up. If you are with SSE (which includes Scottish Hydro, Atlantic, Southern and Swalec) or British Gas, you have 30 days from their announcement to switch tariff and they can’t charge you a cancellation fee.

Here are the remaining few cheap fixed tariffs:-

*Based on typical tariff costing £1,150 p.a. Based on Dual Fuel, payment by monthly Direct Debit, average usage as set by Ofgem. Prices correct as of 21st July 2011.

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