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EDF Energy: Next in line to cut gas prices
Thursday, 11 March 2010
By Daniel Barnes- daniel@consumerchoices.co.uk
EDF Energy has joined the parade of energy firms to cut gas prices.
EDF Energy is to cut gas prices, making it one of the final major energy provider to reduce costs.
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The firm is lopping 4% off gas bills from 26 March.
Following a cut in October, EDF claims customers’ gas bills are now 6.9% lower.
Martin Lawrence at EDF Energy said: “In these difficult times we are pleased to be able to offer our customers further price reductions.
“We are committed to delivering competitive prices and our customers have already benefited from the lowest dual fuel and gas only prices among the major suppliers throughout the coldest periods in December and January when they needed it most.”
In the last week, gas price cuts have come from E.ON (6%), Scottish and Southern (4%) and Npower (7%).
British Gas cut gas prices in February by 7%.
Chris Eagle, commercial manager at Energychoices.co.uk, said: “The way energy companies rush together to announce price cuts really does raise some question marks over competition.
“For customers, the best way to fight back is to make sure you are on the cheapest online dual fuel deal, where energy company profit margins are slimmest.”
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