NPower have increased prices

NPower have followed the pack and increased their gas and electric prices its been reported.  NPower are increasing their prices by 15.7% on gas and 7.2% on electric.

The owners of NPower are blaming the price increase on the fact they have to buy from the global wholesale market and the prices are in flux.

What is odd is NPower reported a increase in half year profits so why the increase for the customers?

Now that all the main companies have increase prices it means all most everyone will be paying a lot more each year towards their bills, so what can we do?

In truth there is very little we can all do other than finding ways to reduce our bills ourselves.  This will mean making sure houses have double glazing, insulation whether its in the roof or walls and doing other small things which I’ve been describing on this site.

Regardless on what we do it does mean we have to spend more in order to reduce bills in the long run which does seem unfair seeing as these companies are showing some very large profits.

 

Posted on August 16th, 2011 in Green News by JP No Comments

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