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More Bad News For Customers As British Gas Announces Record Energy Price Hikes
by Anonymous


August 27, 2004 -- Today’s price rise is British Gas’ second price rise this year, and means that customers are now paying £145.54* more than last year for their gas and electricity. Tim Wolfenden, product manager at www.uSwitch.com comments, “Today’s price rise by British Gas represents the highest across the board price increase seen in the industry since competition was introduced.

“British Gas may well have overestimated the strength of its customers’ loyalty. Faced with the second significant price rise in less than a year, customers are likely to vote with their feet – which will have a significant impact on their business.”

For more information visit www.uSwitch.com or call 0800 093 06 07

Notes to editors:
* A typical high usage dual fuel customer (paying by standard credit) can expect bills to increase by of £99 per year. A high usage customer is typically a four-person family, living in a 3-bed house. The high usage consumption is based on Ofgem's kWh criteria - 4950KwH for elec, 28000kWH for gas.

www.uSwitch.com is a free, impartial online and phone based comparison and switching service which helps consumers compare prices on gas, electricity, home telephone, digital television and personal finance products. Our aim is to help customers take advantage of the best tariffs and services on offer from every supplier. The company has developed a calculator which evaluates a number of factors including price, location, and service and payment method and advises consumers on the best deal to suit their needs.

If they chose to, consumers can switch while they’re online or phone customer services direct.

The service is also available via telephone, fax and post. Consumers can call on 0800 093 06 07, fax 020 7233 5933 or write to Customer Services, uSwitch.com, 10th Floor, Portland House, Stag Place, London, SW1E 5BH , with their postcode and usage details.

www.uSwitch.com is not a supplier but acts as an independent advisor, giving consumers an impartial view of what’s on offer. Unlike traditional brokers, it compares prices from all energy suppliers, not just those it has a commercial relationship with. The service is based on the most up-to-date information provided by the supplier companies and industry regulators.

More about Electricity Price Rises in 2004:

http://www.uswitch.com/Energy/help/issues/pref_/electricity-prices.asp

More about Gas Price Rises in 2004:

http://www.uswitch.com/Energy/help/issues/pref_/gas-prices.asp

View Release on line:

http://www.uswitch.com/Info/pref_/british_gas.asp

For more information please contact:
Jennifer Evans, uSwitch.com on 0207 802 2923 or jenniferevans@uswitch.com
Alison Merrigan, Lansons Communications on 0207 294 3634 or alisonm@lansons.com
Beverley Aujla, Lansons Communications on 020 7294 3683 or beverleya@lansons.com






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