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'Long-term rise' in energy prices

Thursday, 19 February 2009

'Long-term rise' in energy prices

Uncertainty in the supply of gas could push up costs and affect domestic energy bills in the long-term, according to an analyst.

Ian Parrett, of Inenco, says prices could be pushed up when the economy starts to recover.

But others have suggested that a second round of energy bill cuts could be seen this autumn as wholesale prices fall.

New from the BBC 19 February 2009. Click here to read more

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Ofgem warns of '£2,000-a-year' household energy bills
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Ofgem warns of '£2,000-a-year' household energy bills

Household gas and electricity bills could reach £2,000 without drastic action to shore up the UK's energy supply, regulator Ofgem warned today.

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