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Shell’s home energy supplier hikes bills by 5.9pc

Shell’s home energy supplier hikes bills by 5.9pc

By Jillian Ambrose,

The energy supplier owned by Royal Dutch Shell will raise the energy bill of around 165,000 British homes by almost 6pc from next month.

First Utility, the largest energy supplier outside of the Big Six, said the rising price of wholesale energy and policy schemes pushed its costs higher by 9pc compared to last year.

As a result the supplier will “regrettably” lift its standard variable tariff for gas and power by an average of 5.9pc, or £5.58 a month.

First Utility’s default tariff will rise from an average of £1,132 a year to £1,199 a year, but this only applies to around 20pc of its customers. The rest have opted for fixed prices deals which won’t change.

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