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Households braced for bill hikes as providers announce price rises

Households braced for bill hikes as providers announce price rises

Households are preparing themselves for a big rise in bills this year as a string of providers announce price hikes.BT is raising broadband, TV, mobil

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Households are preparing themselves for a big rise in bills this year as a string of providers announce price hikes.

BT is raising broadband, TV, mobile, landline and sport prices by 4.5 per cent next month.

This is in line with 0.6 per cent inflation plus 3.9 per cent and applies to customers who took out a contract after September 1, 2020.

Price hikes: Providers including Netflix, Virgin Media , BT,  British Gas, EDF, E.ON, Npower and Scottish Power are all set to raise their prices this year

Price hikes: Providers including Netflix, Virgin Media , BT,  British Gas, EDF, E.ON, Npower and Scottish Power are all set to raise their prices this year

Price hikes: Providers including Netflix, Virgin Media , BT,  British Gas, EDF, E.ON, Npower and Scottish Power are all set to raise their prices this year

As of March 31, BT broadband customers can expect to pay between £2 and £3 extra each month, or £70 more over the course of their contract.

For example, monthly costs of those with Superfast Fibre Broadband will jump from £37.99 to £39.70. Customers with BT’s Ultrafast Fibre 250 Halo 2 will pay £66.68 a month, up from £63.81.

From March 1, most Virgin broadband customers will pay between £2.50 and £4.50 more each month – or £30 and £54 a year. 

Vulnerable customers, including those on the Essential broadband package for people receiving Universal Credit, will not see prices change.

Almost a million Sky customers could see their annual bill rise by as much as £72 following price hikes on April 1. 

Sky Broadband Essential customers will see prices going up from £22 to £25 a month. The monthly cost of BT Sport will increase by £2 to £27, while Sky Signature, HD and Broadband Superfast will all rise by £1.

Council tax is also set to increase in April by as much as 5 per cent. From April 1, millions of British Gas, EDF, E.ON, Npower and Scottish Power customers with standard variable tariffs can expect to pay almost £100 more each year. 

This is a result of the regulator, Ofgem, increasing the energy price cap by £96 to £1,138 a year, based on typical usage. 

This is the most that energy suppliers can charge and the largest firms have raised their tariffs in line with it. The annual TV licence fee is increasing by £1.50 a year, from £157.50 to £159, from April 1.

This month, Netflix users will pay an extra £12 a year for a standard price plan and £24 more for the premium price plan, which allows you to use the streaming service on up to four devices at once. The basic plan will stay the same at £5.99 a month.

As of yesterday, Disney+ customers are paying £7.99 a month, a £2 increase.

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This post first appeared on Dailymail.co.uk

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