Menu
13/01/2015
E.ON To Cut Gas Prices By 3.5%
Energy firm E.ON is to cut its gas prices by 3.5% with immediate effect.
Commenting on the move, Tony Cocker, Chief Executive of E.ON UK, said: "Today's 3.5% cut to our standard gas price and the launch of the UK's cheapest energy tariff, our one year fixed product, demonstrate that we fundamentally believe in doing the right thing for our customers.
"This is further evidenced by the fact we are the first supplier to reflect through our standard tariff the overall drop in wholesale gas prices this winter but also that, when our prices had to increase at the start of 2014 to reflect cost increases, for the second year running we announced later than any other major supplier and, on that occasion, at a lower average percentage increase level than any other major supplier.
"While oil prices have slumped, the gas price has remained volatile - some days up, some days down - and many of the other non-energy costs that we don't control but make up a customer's bill have increased and are set to increase further.
"However, today we've taken steps so we can make a price cut on our standard gas tariff at the same time as offering customers, existing and new, the chance to sign up to the UK's lowest priced energy tariff. As we have always said where it is possible we will try to pass savings on to our customers."
(CD/JP)
Commenting on the move, Tony Cocker, Chief Executive of E.ON UK, said: "Today's 3.5% cut to our standard gas price and the launch of the UK's cheapest energy tariff, our one year fixed product, demonstrate that we fundamentally believe in doing the right thing for our customers.
"This is further evidenced by the fact we are the first supplier to reflect through our standard tariff the overall drop in wholesale gas prices this winter but also that, when our prices had to increase at the start of 2014 to reflect cost increases, for the second year running we announced later than any other major supplier and, on that occasion, at a lower average percentage increase level than any other major supplier.
"While oil prices have slumped, the gas price has remained volatile - some days up, some days down - and many of the other non-energy costs that we don't control but make up a customer's bill have increased and are set to increase further.
"However, today we've taken steps so we can make a price cut on our standard gas tariff at the same time as offering customers, existing and new, the chance to sign up to the UK's lowest priced energy tariff. As we have always said where it is possible we will try to pass savings on to our customers."
(CD/JP)
Related UK National News Stories
Click here for the latest headlines.
23 January 2015
Npower To Cut Gas Prices By 5.1%
Energy firm Npower has confirmed it is to reduce its gas prices for customers by 5.1%. The price cut will come into effect from 16 February and could save consumers an average of £35. In a statement the firm said: "We're really pleased that we're able to pass on the benefits of lower wholesale costs to our customers.
Npower To Cut Gas Prices By 5.1%
Energy firm Npower has confirmed it is to reduce its gas prices for customers by 5.1%. The price cut will come into effect from 16 February and could save consumers an average of £35. In a statement the firm said: "We're really pleased that we're able to pass on the benefits of lower wholesale costs to our customers.
24 June 2005
Gas prices could rise again
British Gas has warned customers that gas prices could be increased again. Centrica, which owns British Gas, said that the price rises were being introduced because of expectations of an increase in wholesale prices. The price rises would follow a 12.4% increase in September last year and a further rise of 5.9% in January.
Gas prices could rise again
British Gas has warned customers that gas prices could be increased again. Centrica, which owns British Gas, said that the price rises were being introduced because of expectations of an increase in wholesale prices. The price rises would follow a 12.4% increase in September last year and a further rise of 5.9% in January.
31 July 2008
Centrica Posts £1 Million In Profits - To Consumers Anger
British Gas owner Centrica has posted half-year profits of almost £1 billion - much to the anger of consumer groups. Centrica maintain that it has been "absolutely necessary" to raise household gas prices as profits were down 20% in the first six months of this year to £992 million - down from £1.23 billion in 2007.
Centrica Posts £1 Million In Profits - To Consumers Anger
British Gas owner Centrica has posted half-year profits of almost £1 billion - much to the anger of consumer groups. Centrica maintain that it has been "absolutely necessary" to raise household gas prices as profits were down 20% in the first six months of this year to £992 million - down from £1.23 billion in 2007.
07 May 2009
British Gas Cuts Electricity Prices By 10%
British Gas, the biggest supplier of electricity to homes in Britain, has cut an average 10% off its standard electricity prices. The price cut for 4.5 million customers takes effect immediately. British Gas's electricity rates are now as much as £111 lower than the local supplier.
British Gas Cuts Electricity Prices By 10%
British Gas, the biggest supplier of electricity to homes in Britain, has cut an average 10% off its standard electricity prices. The price cut for 4.5 million customers takes effect immediately. British Gas's electricity rates are now as much as £111 lower than the local supplier.
04 February 2010
Energy Supplier Slashes Gas Price
British Gas has today cut its standard gas prices by an average 7%. The price cut, which will benefit 8 million households, takes effect immediately and makes British Gas, on average, the cheapest supplier of standard gas and electricity right across Britain - no matter which way customers choose to pay.
Energy Supplier Slashes Gas Price
British Gas has today cut its standard gas prices by an average 7%. The price cut, which will benefit 8 million households, takes effect immediately and makes British Gas, on average, the cheapest supplier of standard gas and electricity right across Britain - no matter which way customers choose to pay.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
