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19/10/2012

npower To Increase Prices

Energy firm npower has announced it will increase its prices on average by 8.8% for gas and 9.1% for electricity on Monday 26th November.

Paul Massara, chief commercial officer said: "There is never a good time to increase energy bills, particularly when so many people are working hard to make ends meet. But the costs of new statutory schemes, increases in distribution charges and the price of gas for the coming winter are all being driven up by external factors, for example government policy. Although we have managed to smooth out the worst fluctuations and protect our customers for as long as we can, we are now having to pass on some of these costs.
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"We support moves to reduce CO2 emissions but new government schemes will mean that energy bills will rise. We must make sure that they provide value for money and that people understand how they will be affected. We understand the impact of rising prices and we are committed to helping customers reduce the energy they use and choosing the best tariff for their needs."

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