Utility Warehouse to increase prices by 4.4%

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The Utility Warehouse has become the latest energy supplier to hike its standard variable tariff - with a 4.4% increase set to hit on Sunday 1 July, adding as much as £50 a year to household bills.

According to Ofgem figures, the supplier has around 250,000 customers on its standard variable tariff (as of September 2017) - around 53% of all its credit-meter customers - all of whom are set to see their prices rise when the hike hits.

The move follows other high-profile price increases, with Bulb announcing a price hike yesterday and Ovo raising prices last week. All of the big six have also increased the cost of their standard variable tariffs in recent months - with SSE the last of the giants to announce a hike in May.

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