Energy giant Npower blamed the "volatile global wholesale market" for making a big hike in its prices. Npower will raise gas prices by 15.7 per cent and electricity prices by 7.2% from the first day of October, it said. The firm said customers with a dual fuel tariff would see prices rise by 12.2% from October. The supplier, owned by RWE, expects the wholesale market to rise in the future, which suggests more tariff rises are forthcoming.