Gas price rise observation

If Bulb’s wholesale price for gas has increased by 20%, why are they increasing the cost to their customers by 30%?

Hi there @beezer0418 there are a couple of factors involved (and our blog post has a lot more details than I have here), but one main factor is that, in previous price increases we kept the price of our gas tariff lower in some regions to limit the impact for members hoping that costs would decrease. But unfortunately wholesale costs have continued increasing so we aren’t able to hold them back any more.

This is why your price increase may be higher than the average.