British Gas cuts prices by 5 per cent
Friday 13 January 2012
British Gas has cut bills for more than five million customers with an average 5 per cent drop in its standard electricity tariff.
The cut will knock £24 from the average annual bill – six months after the company increased gas bills by 18 per cent and electricity by 16 per cent.
While British Gas said there was no reduction in its gas price, Southern Electric and Swalec owner SSE said that it would cut the price of gas by 4.5 per cent from 26 March. The moves follow EDF's decision to cut gas prices by 5 per cent.
The Big Six energy suppliers increased prices over the summer, but falls in wholesale energy prices have led to calls for suppliers to reverse their rises.
Ann Robinson, director of consumer policy at uSwitch, said it was disappointing that no suppliers had announced duel fuel cuts.
She added: "The bottom line for consumers is that these cuts will go nowhere near cancelling out the £224, or 21 per cent, hike in prices they've seen in the last 18 months.
"We can only hope that these reductions are the first and more will follow."
- 1 Sabina Altynbekova, the girl branded 'too good looking' for volleyball, says social media obsession with her is a 'bit much'
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 The secret report that helps Israel hide facts
- 4 Israel's propaganda machine is finally starting to misfire
- 5 'Hello mum, this is going to be hard for you to read ...'
Sally Farmiloe dead: Howards' Way actress, and former mistress of Jeffrey Archer, dies aged 60
Justin Bieber posts Instagram photo of Orlando Bloom crying after Ibiza fight 'over Miranda Kerr'
Sabina Altynbekova, the girl branded 'too good looking' for volleyball, says social media obsession with her is a 'bit much'
Disney heiress Abigail disowns her share of family profits in West Bank company
Australian model Robyn Lawley stages naked protest against huge coal mine seven times the size of Sydney Harbour
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
A day in the life of Vladimir Putin: The dictator in his labyrinth
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
- < Previous
- Next >
iJobs Money & Business
£20000 - £24000 per annum: Harrington Starr: A leading provider of web based m...
£28000 - £32000 per annum: Ashdown Group: Secretary (Sales Team Support) - Mat...
Competitive (DOE): Guru Careers: We are looking for an Assistant Management Ac...
£600 - £700 per day + competitive: Orgtel: Senior Investment Accounting Change...