January 11, 2008 Npower : Energy price hike
Npower's announcement of a large hike in both gas and electricity prices, described by Giuseppe Di Vita, managing director of its residential business, as a "fact of life", provoked much sparring among energy price watchers. Karl Brookes, spokesman for consumer champion Energywatch, which faces closure in October, was forthright: "You would expect suppliers to respond in a more innovative way than instantly responding to wholesale prices by hitting the consumer in the
pocket" (Times, 7 Jan). Meanwhile, price comparison websites uSwitch and TheEnergyShop.com advised customers to switch suppliers straight away.
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