Over in the UK there have been recent announcements about energy price rises. British Gas announced an 18 per cent price hike for gas and 16 per cent price increase for electricity. In June Scottish Power said they would add 19 per cent to electricity and 10 per cent to gas bills from August.
Here in Ireland – it has been reported that Bord Gais are going to announce an electricity price increase of more than 10 per cent effective from Agust 2011. It is also reported to be applying to the Commission for Energy Regulation for a gas price increase of between 20 and 30 per cent. (Possible to come into force in October 2011)