Thursday 24th July 2008
Energy bills seem set to rise further before winter, the head of Scottish & Southern Energy (SSE) has indicated.
According to the energy provider, high wholesale prices for gas and electricity will cause the rises for its nine million customers.
With the owners of British Gas, Centrica, making similar comments recently, it is likely that most UK householders will be paying more in months to come.
The moves would follow the 15 per cent rise to energy costs already imposed by providers in the New Year, which pushed average bills towards £1,000.
In a trading statement, SSE said that the most recent wholesale rises "have still to be felt" by customers.
However, it added that the recent retreat of barrels of crude oil from its all-time high of $147 could mean that the firm would "wait a bit" before it hiked bills.
"I can't see [that the rises] won't happen before winter," SSE chief executive Ian Marchant added.
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Household bills
While today’s decision by the Bank of England MPC was literally a no brainer it does not help the thousands of home owners who are struggling to make ends meet. As we read another report from the... 
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