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Renewable Energy News

Informative journal and news about Solar Water Heating Panels, Solar PV Cells, Ground Source Heat Pumps, Wind Turbines and Rainwater Harvesting Systems.

Friday, 4 January 2008

NPower Gas and Electricity Price Rise

Npower has announced that electricity prices for its domestic customers will rise by 12.7%, while gas bills will see a 17.2% increase.
Npower, the UK's fourth-largest energy provider, said it had been "forced to put up prices" because of soaring wholesale energy costs. It said it expected rival energy providers to follow suit with their own price rises "very shortly".
Source: BBC News

Energy Prices are rising so frequently the payback time for renewable energy such as solar panels and wind turbines is becoming shorter and shorter.

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