Gas and Electricity Prices Will Rise 10% to 15% Next Year, Energy Expert Warns

The HeraldOctober 21, 2004

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Summary


HOUSEHOLDS should brace themselves for significant rises in gas and electricity bills, an expert warned yesterday.

David Cox, managing director of the energy consultancy firm Ilex, said customers could expect price increases of at least 10% to 15% next year.

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Gas and Electricity Prices Will Rise 10% to 15% Next Year, Energy Expert Warns

The situation has been caused by higher wholesale gas prices, which have risen by about 30% in six m...

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