Paul Massara, npower CEO, said:
I know that any increases to household bills are always unwelcome, and this is not a decision that we have taken lightly.
We will continue to take steps where we can to reduce the impact of the external influences on energy bills.
We only aim to make around 5 pence in every pound (5%) in our retail business which we feel is a fair return for delivering reliable energy to consumers and for the risks that we bear.
More top news
It will be cold and frosty across the north of the UK tonight, with some icy patches in the west.
The quartet failed to impress with their version of Something About The Way You Look Tonight.
Temperatures are expected to rise today and tomorrow, with heavy rain expected tomorrow. Melting snow plus heavy rain could mean trouble.