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British Gas price rise to hit poorest households hardest

Citizens Advice Scotland has responded to British Gas's announcement that it will increase the price of its Standard Variable Tariff (SVT) by 3.8%, taking effect from 1 October 2018. This follows a previous price rise of 5.5% announced in April, and will affect around 3.5 million customers.

Energy Policy Officer Craig Salter said:

“This is yet another price hike that is going to hit those who are least able to afford it the hardest. It is not only British Gas’s second increase this year, but immediately follows Ofgem’s decision to increase the level of their Safeguard tariff. For those who are struggling, this will make it even harder to make ends meet.

If this heralds the beginning of yet another round of price increases across the board, there is a clear problem with affordability in the GB energy market that is not being addressed. With over a quarter of Scottish households still in fuel poverty, it is unacceptable that consumers continue being failed by the market in this way.”