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British Gas Price Cut
British Gas has said that more than seven million households will benefit when it cut its standard tariff gas prices by 10% on 19 February. The news will see a reduction of £84 from the average annual gas bill and comes after the "big six" energy companies were urged to pass on lower wholesale gas prices.
British Gas, which is part of the Centrica group and trades as Scottish Gas in Scotland, raised its gas prices by a record 35% in 2008, while other companies lifted prices by more than 20%.
"We are committed to providing the best possible prices for customers. This price cut will go some way to helping customers manage their budgets, and we will continue to do what we can, when we can."
Phil Bentley, Managing Director, British Gas
However, consumer watchdogs and Age Concern said that, unless there were further price cuts from all suppliers across all tariffs, "many of the poorest customers will continue struggle to pay their energy bills" and continue to remain in fuel poverty.
Energy price cuts are likely to be too little and too late to help consumers with this winter's fuel bills. More importantly, it is now looking highly unlikely that price cuts are going to wipe out last year's painful hike in household energy bills. One way to reduce your bills further is to reduce your consumption through energy efficient means.
Reduce Your Bills
Energy Saving Tips
Winter Warmer Ideas
British Gas, which is part of the Centrica group and trades as Scottish Gas in Scotland, raised its gas prices by a record 35% in 2008, while other companies lifted prices by more than 20%.
"We are committed to providing the best possible prices for customers. This price cut will go some way to helping customers manage their budgets, and we will continue to do what we can, when we can."
Phil Bentley, Managing Director, British Gas
However, consumer watchdogs and Age Concern said that, unless there were further price cuts from all suppliers across all tariffs, "many of the poorest customers will continue struggle to pay their energy bills" and continue to remain in fuel poverty.
Energy price cuts are likely to be too little and too late to help consumers with this winter's fuel bills. More importantly, it is now looking highly unlikely that price cuts are going to wipe out last year's painful hike in household energy bills. One way to reduce your bills further is to reduce your consumption through energy efficient means.
Reduce Your Bills
Energy Saving Tips
Winter Warmer Ideas
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