E.On to hike standard variable dual fuel prices by average 8.8%
Energy supplier E.On is to increase its standard variable dual fuel prices by an average of 8.8% from April 26.
The energy giant said its standard electricity prices will increase by an average of 13.8% and standard gas prices will rise by an average of 3.8% "due in large part to increasing policy costs and other costs it doesn't control".
Around 2.5 million of E.On's residential customers - 62% - will "potentially" see an increase if they take no action before April 26, the company said.