Npower and ScottishPower today became the last of Britain's big six energy suppliers to raise gas and electricity bills, adding at least another £162 a year to millions of customers’ heating costs.
Npower, the UK’s fourth-biggest energy group, will increase gas prices by 26 per cent and electricity bills by 14 per cent.
From today, the company’s 6.6 million customers will pay an average £162 more each year for gas and an extra £60 for electricity.
At the same time, ScottishPower has raised its gas bills by 34 per cent, the second largest rise after British Gas increased its gas prices by 35 per cent last month.
ScottishPower also announced today that it has increased its electricity prices by 9 per cent, which will come into effect on September 1.
The company's 1.2 million customers will pay £221 more a year on gas and an extra £38 for electricity.
Like ScottishPower, npower is blaming today's price rises on “massive” increases in wholesale costs which it claims has made its previous pricing levels unsustainable.
The company said prices had risen by 122 per cent for gas and coal and by 79 per cent for oil over the last 12 months.
The company, which already increased prices in January, claimed that, until today, its domestic gas prices had been the same as they were 18 months ago owing to a decrease in bills in 2007, despite wholesale tariffs more than doubling.
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