Great News as British Gas Cut Prices by 7%
British Gas energy has announced that they will be cutting their fuel costs by 7% with immediate effect. This move will benefit it’s 8 million UK customers to the tune of £55 a year on average, music to the ears of many as the recession gloom begins to lift over the country.
This is the third time in the last 12 months British Gas has cut it’s prices, making it the UK’s cheapest major supplier of gas and dual fuel packages. This bold move is sure to apply some pressure on other energy suppliers to follow suit, in what is becoming a highly competitive market place. British Gas is also removing the charges customers pay on their pre payment gas meters, so they will now be paying the same for their energy as those who pay cash.
British Gas’s managing director, Phil Bentley, said -
We know household budgets are stretched, and that our customers are concerned about the effect the recent cold weather will have on their winter fuel bills. I am pleased we are able to offer our customers some extra help with this gas price cut, and that we are able to do this while it is still winter, allowing our customers to really feel the benefit.
The initiative comes hot on the heels of Ofgem’s warning to customers that energy bills could break the £2,000-a-year mark within the next 10 years. This is in light of the particularly cold winter we have just experienced recently, which added at least an extra £70 to average winter fuel bills.
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Please Note - All Prices Quoted Are Correct at Time of Posting
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