SSE becomes fifth Big Six energy firm to cut prices

Which company still hasn’t reduced its prices?

SSE has become the fifth of Britain’s Big Six energy firms to cut prices for customers and has also announced an 18 month price freeze.

The company will cut rates by 4.1% from April 30th, saving consumers about £28 a year on average household bills.

The announcement means SSE joins British Gas, Eon, Scottish Power and nPower in reducing energy prices.

Only EDF is yet to cut prices.

A mild winter has cut average gas consumption across the UK by 16%, according to SSE.

Energy and climate change minister Ed Davey welcomed the price cuts, saying it was “good news for households”, the FT reports.

But he added: “Even greater savings are available if people shop around and switch supplier - over £300 in some cases.”

Now read

Social Bookmarks