Less than a week after British Gas topped the energy price league, beating rivals SSE by a comfortable 12% margin to set a new high of 9.2%, Npower surges an extra 13% ahead of British Gas and a spectacular 27% ahead of SSE to set a new record of 10.4%
Why would any company want to do that? Competitors are supposed to win customers by lowering prices, not by driving them up! Unless they knew something the rest of us didn’t know: that by the time we’d struggled through the maze of tariffs we’d find ourselves stuck between a rock and a hard place.
If final proof were needed that privatization doesn’t work, this should have been it. So why didn’t we get the message? Why did we just shrug and move on? Continue reading Npower hikes energy bills 10.4% – are they trying to take the pi$$?