British Gas is to increase its energy prices by an average of six per cent from November 16th.
The move means that some families in the UK are going to face an increase in their utility bills of £1.50 a week, which comes at a time when household budgets are already stretched.
Rising wholesale prices, coupled with the costs associated with improving the national grid, are the reasons the company has given for introducing the increase.
British Gas Managing Director Phil Bentley said: "We simply cannot ignore the rising costs that are largely outside our control, but which make up most of the bill."
He has called on the UK to develop an energy-efficient culture, adding that higher prices do not need to equal higher invoices.
However, Audrey Gallacher, Director of Energy at Consumer Focus, stated that six million homeowners were already planning to cut back on the amount of heating they use this winter because of its expense.
She added this announcement means there will be even more people worried about the price of energy.