Showing posts with label gas price increase. Show all posts
Showing posts with label gas price increase. Show all posts

Friday, 8 July 2011

British Gas will raise gas prices by 18% and electricity by 16% (that is 25% increase in 7 months)

Save over 20% with our electronic boiler controller.


British Gas, owned by Centrica, is putting up its domestic gas and electricity prices from 18 August. Gas bills will rise by an average of 18% and electricity bills by an average of 16%.  The change will affect nine million households with the average dual fuel customer paying an extra £190 a year.

It was only last December that they increased the price by 7% that is 25% increase in costs in 8 months.

The company blamed the rising wholesale cost of gas, which has gone up by 30% since last winter.
British Gas managing director Phil Bentley said its bills were being driven higher by the fact that the company buys 50% of its gas on the international wholesale market. "We are buying in a global energy market and have to pay the market rate," he said.  "Rising wholesale costs is an issue facing all energy suppliers," he added.

The company said it had been selling energy at a loss for the past three or four months.  "After we put these prices up we will be making a fair return," Ian Peters, a British Gas director told BBC News. "We are investing in the future energy supply of the UK... and energy efficiency in our customers' homes," he added.

 go to www.tell-me-first.com/fuel_master.htm to find out how to save money on you gas bill

Sunday, 3 July 2011

Gas prices jump for holiday

Gas prices have climbed from an average of $3.29 in Des Moines to $3.39 in time for the holiday weekend.



Thei increase follows a jump in the price of crude oil, which climbed from around $90 per barrel a week ago to $95 at the end of last week.

Gas prices rose from $2.99 to almost $4 per gallon beginning Jan. 1 through Memorial Day, but then fell back as tensions eased in the Middle East and OPEC gave assurances of more supply.

The national average gas price as the weekend began was $3.57 per gallon. A year ago, Iowa’s average price stood at about $2.67 and the national average was $2.77.

Tuesday, 21 June 2011

Electricity Saving, reduce your electricity bills by 15%

How much is your yearly electricity bill? You might as well just burn the money and save time. With our new Electricity Reduction Devices (ERD's) you can save up to 15% on you bill TODAY.



Imagine getting your electricity bill and being able to open it and not get a complete shock. With our proven technology that completely conforms to all European electricity regulations.

There are many different types of electrical equipment which affect the electricity supply in different ways. Some electrical loads have a bad power factor, which results in higher electrical current flowing than is necessary to achieve the end result, irrespective of whether that is heating, lighting, mechanical power, ventilation, etc.

This means more generators and a heavier distribution network is required, the results of which is YOU the user have to pay for it all.

Power Factor can be regarded as a measure of “efficiency and has values ranging from 0 to 1, where 1 is 100% efficient. The equipment improves this “efficiency” so that less electrical current is needed to achieve the same result. A wide variety of products are available to do this, some of which operate automatically, in order to compensate for varying electrical loads which are common in today’s manufacturing plants and offices.

Your Electricity Bills



All industrial and commercial electricity users have to pay for the energy they use. The bills that you receive are based on a number of factors:

KWH Units
Climate Change Levy (CCL)
Maximum Demand
Availability Charge
Reactive Power

You are always charged for the first two, and often pay for one or more of the others – it all depends upon the tariff that you are on.

Companies with high electrical loads often have a reduced power factor. A low power factor can cause undesirable effects such as increased electricity costs charged by their supplier.