EDF Energy to cuts gas costs by 5%Thursday, 12 January 2012 11:38
The waiting game is over for consumers as one of the UK’s biggest energy suppliers, EDF Energy, has announced that it is cutting its gas prices.
The five per cent reduction will take effect from February 7 and means that a typical dual fuel bill will cost £1,203, down from £1,241.
EDF Energy increased its prices by 19 per cent, or £195, last year and its average household energy bill in October 2010 was £1,037.
The newly announced cut means that a typical bill will be 16 per cent higher than a year ago.
Ann Robinson, consumer policy director at uSwitch.com, said: “Hopefully this move will put more pressure on the rest of the ‘big six’ to follow suit and cut their prices too.
“But households can mitigate the impact of high energy bills by shopping around for a cheaper deal and cutting back on the amount of energy they use.”