Home » High strength bills could very last for two decades in accordance to British Gasoline operator

High strength bills could very last for two decades in accordance to British Gasoline operator

Over 285,000 UK households face rising energy bills in June

The recent strength disaster could continue on for as prolonged as a further two a long time, according to Chris O’Shea – chief govt of British Gas proprietor Centrica – who advised the BBC that we should not count on rates to get started coming down “any time soon” and there’s “no reason” for them to do so.

Mr O’Shea thinks the present-day state of participate in in the power markets “will be in this article for the subsequent 18 months to two years”. On the other hand, he did claim that worries lots of have expressed about charges rising by more than 50% to upwards of £2,000 may well be “misplaced”.