Wednesday, 26 October 2011

35% annual increase in electricity prices.

The increasing cost of energy became all too apparent to me this morning. At our London home I received a notice from EDF Energy (Electricite De France) telling us they were increasing the monthly direct debit by 35% over the previous payments. We've actually decreased our power usage by about 5% year on year and we normally have a credit amount at the quarterly settlement.

Industry and business must be facing similar increases

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