UK energy supplier E.On has announced a rise in its average duel fuel bill of 3.7 per cent effective from January 2014.
E.On said the increase in the dual fuel tariff would amount to an extra £48 being added to customers bills. Those on electricity only variable tariffs will also see a 3.7 per cent rise in their bills amounting to £20.
Consumers using variable gas tariffs will see a rise of 4.6 per cent or £37.
E.On is the last of the big six energy companies to announce planned price rises for 2014.
The company said in statement:
For the second year running E.ON has announced an increase later than any other major supplier and has once again shown it is working hard to limit the impact on its customers by announcing a lower average percentage rise than any other major supplier.
E.On confirmed that the government's change to the how the green levy is charged will help to stabilise prices.
Chief executive Tony Cocker said:
Whilst there can be no guarantees, the likelihood of further price rises over the next 18 months caused by an increase in the cost of social and environmental obligations has receded due to the recent action taken by the Government.
Other energy companies have responded to the government's change of policy in a similar fashion.
Said it will cut the average dual fuel bill by £53 - £41, plus a £12 customer rebate for the government's Warm Home Discount scheme. Will take effect from 1 January.
Will be cutting the typical duel fuel bill by around £50 and will take effect from April.
Will freeze prices before 2015.
Has said that it will not raise prices any more unless wholesale costs go up.