E.ON announces price rises

ENERGY provider E.ON said today it was raising gas prices by 15 per cent and electricity prices by 9.7pc.

ENERGY provider E.ON today became the latest firm to unveil inflation-busting price rises for gas and electricity customers.

The German-owned company, which used to be called Powergen, said gas prices were going up by 15 per cent and electricity by 9.7pc from tomorrow. The changes will affect nearly five million customers.

E.ON's announcement follows other large price hikes this year by four other energy firms - British Gas, Scottish Power, Npower and EDF.