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| E.On to raise energy prices by 3.7% | E.On to raise energy prices by 3.7% |
| (35 minutes later) | |
| The power supplier E.On has announced an average price rise of 3.7% for dual fuel customers, to take effect in January. | |
| E.On is the last of the big six energy firms to increase its prices. | |
| The rise takes account of the changes to green and social levies, some of which were removed from fuel bills by the government. | |
| The increase will add £48 to the average dual fuel bill, and will take effect on 18 January. | |
| Customers who only have an electricity account with E.On will see prices rise by an average of 3.7%, or £20 a year. | |
| Gas only customers will be charged an average of 4.6% more, or £37 a year. | |
| Last week the government announced that customers of the big six energy companies would see an average of a £50 reduction in their bills, after a series of big rises over the autumn. | |
| E.On said the move would help stabilise prices over the next year. | |
| "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," said Tony Cocker, the chief executive of E.On UK. |