Gas prices to rocket by 70 per cent
GAS prices are set to soar and then remain high for the foreseeable future, a report has revealed.
The independent report commissioned by Centrica, which owns British Gas, warns that prices could increase by 70 per cent.
Jake Ulrich, managing director of Centrica Energy, admitted that gas price rises were likely to lead to a "potentially significant" increase in the number of people in fuel poverty.
He also predicted that people would have to change their habits to deal with higher prices.
He said: "I do think we will see people change their behaviour. I think people will use less energy and I hate to go back to the Jimmy Carter days in the US but maybe it's two jumpers instead of one."
He added: "I think people will change the temperature they keep the house at, they'll be more cognisant of energy waste, they'll buy better appliances."
The full article contains 156 words and appears in The Scotsman newspaper.
-
Last Updated:
18 July 2008 10:10 PM
-
Source:
The Scotsman
-
Location:
Edinburgh