Millions of homes hit with higher energy bills as SSE becomes latest Big Six supplier to announce hikes
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Around nine million homes are set to face higher energy bills as SSE becomes the last of the Big Six suppliers to announce price hikes.
The energy giant’s standard gas and electricity prices will climb by an average of 6.7%, it revealed yesterday. Around 2.5 million of its customers will be affected by the rise, which starts on July 11. They will see bills rise by an extra £76 a year.
SSE’s Stephen Forbes said: “We deeply regret having to raise prices, however the cost of supplying energy is increasing.”
British Gas, EDF, E.ON, Npower and ScottishPower also recently announced rises. Standard tariffs from the Big Six firms are up by an average of £53 a year.
(Image: Getty Images)
Suppliers have partly blamed price hikes on the Government’s plan to bring in a cap on standard variable tariffs.
Martin Lewis, of MoneySavingExpert, said: “Anyone on a Big Six standard tariff is ripping themselves off by failing to take action. Switch firms and you could cut bills to almost £800 a year, even with the same usage.”
Millions of people have started switching, with SSE losing 430,000 customers in the past year.