Energy company SSE has said it is cutting its domestic gas prices by 4.1% from 30 April, a move which will save the average household £28 a year.
SSE is now the fifth of the "big six" energy firms to have reduced gas prices, following cuts from E.On, British Gas, Scottish Power and Npower.
EDF is the only one of the big six yet to announce price cuts.
Especially when you use electricity to power cars like the Tesla, watch this short clip !
NPOWER CUTS GAS PRICES
Energy supplier Npower has announced it is cutting its standard gas tariff by an average 5.1% from 16 February It is the fourth energy company to lower gas prices since E.on slashed prices to customers by 3.5% last week. British Gas cut its standard gas tariff by 5% on Monday. Scottish Power cut gas prices by 4.8% earlier this week as well.
Scottish Power has become the third major gas supplier to announce a price cut, with the news it is to reduce prices by 4.8% from 20 February.
Customers on the standard tariff will make an average saving of £33 on their annual gas bills as a result.
Earlier this week, the UK's largest supplier, British Gas, announced it was to cut prices by 5% from 27 February.
German-owned supplier E.On was the first to reduce its tariffs, by 3.5% - a cut that has already taken effect.
British Gas - the UK's biggest residential energy supplier is cutting gas prices by 5% on the 27th February.
The supplier which is part of the Centrica group, said the discount would reduce the typical household's annual energy bill by £37.
They are the second of the "big six" suppliers to reduce prices after E.On reduced its standard gas prices by 3.5% last week.
You voted in your thousands for the company you thought had Britain’s worst customer service. Today, we can reveal the winner of our annual Wooden Spoon Award is . . . Scottish Power.
Read more: http://www.thisismoney.co.uk/money/bills/article-2908750/Wooden-Spoonawards-Scottish-Power-UK-s-worst-customer-service.html#ixzz3P0KUgPhG
E.ON have taken the lead in passing on some of the benefit of falling oil prices today. They've announced an immediate 3.5% cut in their residential gas prices. To see how they compare with all options now click here.
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October 2014 saw a record number of households switching their energy supply away from the "Big 6". In fact it was some 40% of all switches in the month. Who said deregulation isn't working?!
With a glut in global oil supplies, Brent Crude Oil prices have halved over the past six months. Along with a warm winter, the UK is now in a comfortable supply and demand situation. This means that since the start of December we have seen wholesale gas prices fall by around 17% and wholesale electricity prices fall by 10% - the lowest they have been in three years!
What’s more, the premium attached with doing a longer term deal (2-5 years) has also narrowed - meaning it may be a good time to considering a longer term contract. Most suppliers will also price corporate customers as much as 12 months in advance of the start date!
Great new rates from EDF now loaded and available for SME electricity users
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