E.ON has today (11/02/08) become the latest major energy supplier to raise the cost of its gas and electricity.
Customers of the German-owned company, formerly known as Powergen,will see their electricity bills increase by 9.7% and their gas billsby 15%.
E.ON says a typical dual fuel customer will see their bill increaseby 31p a day. It blames the increases on a 60% rise in the cost ofwholesale gas.
Graham Bartlett, managing director of E.ON Energy, says: "We realisethe impact this price increase will have on our customers and we'redoing everything we can to minimise this.”
The supplier has also launched a price protection product thatallows customers to cap prices until 1 October 2009 with no tie-ins orcancellation fees.
It is also delaying the increase in prices for 670,000 vulnerable customers until 1 April.