MSE News: Bulb to increase energy prices by 2.8%

Former_MSE_Stephen_B

Green energy supplier Bulb is raising the price of its only tariff, with all of its 300,000 existing customers hit by the rise in April.'...

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'Bulb to increase energy prices by 2.8%'


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System

In fairness to Bulb, they did apprise their customers of the possibility of an increase in an e-mail last December:

The highlights:

Wholesale electricity and gas costs are 20% higher than they were in September and jumped sharply in the last week

Because we buy our energy 3 months in advance, last week!!!8217;s sharp jump won!!!8217;t affect members for now
However, given wholesale costs have generally been increasing over the last few months, there!!!8217;s a chance we may have to increase prices in March 2018. If this happens, we!!!8217;ll give our members 60 days notice