UK sees fifth power price hike in less than two years
29/07/2005 - 14:10:08One of the biggest energy companies in the UK increased its power prices for the fifth time in 18 months today.
EDF Energy, which serves five million customers under the London Energy, Seeboard and SWEB Energy brands, said its prices would rise by 10.7% for electricity and 12% for gas.
The company blamed the continued rise in wholesale energy prices, which last week prompted rival Powergen to increase its tariffs.
