The Petrol Retailers Association has warned that electricity rises will affect their costs and possibly lead to further increases in pump prices.
It is extremely concerned about rising energy costs and their implication as costs associated with operating a forecourt will triple, Gordon Balmer, Executive Director of the Petrol Retailers Association, who has urged Government action to stem the planned rises.
While the fuel costs to private homes have been capped at £3,549 that paid by businesses is not restricted and some have faced rapid and steep rises already this year so there is no way filling stations can avoid rises but can only look at methods to reduce energy use.
“The prospect of soaring energy costs is extremely worrying,” said Balmer.
“Our members are already operating on razor-thin margins and have very little room to manoeuvre.
The independent forecourt network comprises 65% of all forecourts in the UK. Without them, the economy cannot function.
Balmer added, “With electricity bills set to rise by 300%, I have written to the Secretary of State for BEIS, the Chancellor of the Exchequer, and the two leading candidates expressing the need for Government intervention to ensure that forecourts are supported to ensure fuel resilience in the UK.”