Has anyone else been subject to rather steep energy price rises this year?
My electricity supplier (Bulb Energy) slapped me with a 10% rise in April, and yesterday I received notice of an additional 8% increase in June.
Their excuse is that the wholesale price of electricity has gone up, and they assure me that when the wholesale price comes down, they will reduce their rates. (..More chance of Devi Sridhar advocating a complete lifting of all lockdown measures.. )
I tried looking for a cheaper deal on USwitch, but it was honest enough to tell me that there was nothing cheaper available, which shows that all the energy suppliers are doing the same thing.
So much for the deregulated energy market providing for a bit of competition.
Just wanted to find out what other people's experience is.
My electricity supplier (Bulb Energy) slapped me with a 10% rise in April, and yesterday I received notice of an additional 8% increase in June.
Their excuse is that the wholesale price of electricity has gone up, and they assure me that when the wholesale price comes down, they will reduce their rates. (..More chance of Devi Sridhar advocating a complete lifting of all lockdown measures.. )
I tried looking for a cheaper deal on USwitch, but it was honest enough to tell me that there was nothing cheaper available, which shows that all the energy suppliers are doing the same thing.
So much for the deregulated energy market providing for a bit of competition.
Just wanted to find out what other people's experience is.