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MSE News: Scottish and Southern is latest to raise energy prices

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in Energy
This is the discussion thread for the following MSE News Story:
"The power giant has become the third of the big six providers to announce a rise in gas and electricity prices ..."
"The power giant has become the third of the big six providers to announce a rise in gas and electricity prices ..."
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If you can't beat them, buy them!
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
Ebico Ltd
We wanted to let you know that our supply partner, SSE, has announced price increases for their electricity and gas. Unfortunately, we're now going to have to review our prices too and we'll announce the result in the next few days. We'll make sure that we let all our customers know about any changes in writing at least 30 days before they take effect. Ebico
http://www.facebook.com/home.php#!/pages/Ebico-Ltd/112467313920
Who are your new provider? If they're immune from price rises, share all!!:beer:
1 month out of 12 = 100/12 percent = 8.5%
so you do better if the any new deal you find undercuts your Atlantic direct debit (*) by at least 8.5%...
(*) assuming you are not overpayment/underpaying much, in which case use the amount you should be paying.
They don't need to - there is so little competition that if one company puts up prices then the rest can follow - no formal meetings required, just an acknowledgment that the market will pay the price it can bear and for utilities it can bear alot if companies pretty much stick together.