The vast majority of the energy giant’s customers are on standard variable tariffs and would not be protected from a price rise Rui Vieira/PABritish Gas customers face price rises as early as next month, the boss of the company that owns the energy business has hinted. Iain Conn, the group chief executive of Centrica, said that his businesses were “not immune” to the 15 per cent increase in wholesale costs for energy suppliers over the past year and suggested that consumers may have to share some of the pain. “We are going to have to pay attention to all of that as we think about pricing,” Mr Conn said in an interview with The Sunday Times. British Gas broke with many of its competitors in February when it promised to freeze bills for the 8.6 million households it supplies with gas and electricity for six months in a…

Source: The Times July 23, 2017 23:01 UTC