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price increases

buzz41
buzz41 Posts: 58 Forumite
after the recent meeting between mr cameron and the fuel companys how likely is it that there will be fuel increases
in the coming months just wonting to gauge peoples thoughts

Comments

  • CharlieBilly
    CharlieBilly Posts: 2,319 Forumite
    Part of the Furniture 1,000 Posts
    Very likely but probably next year.
  • Bark01
    Bark01 Posts: 892 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    edited 25 October 2011 at 4:58PM
    All suppliers have committed to not increasing prices over the 'winter'. SSE have guaranteed until August, Scottish Power have guaranteed until April, the others have not committed to exact dates.

    My guess would be nobody will change prices until OFGEM tells them what the new structure will be, once this is confirmed it will take a couple of months for the changes to be made. Suppliers normally change in March/April and then again either before or after the winter period. But this year may be different with the first change happening later in the year.
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