23/01/2015

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. We've balanced this against higher transportation and distribution costs, and also the cost of delivering government obligations.

"If you're already on our Standard gas tariff you don't need to do anything. If you're thinking of joining us or switching tariffs, getting a quote is quick and simple."

(CD/JP)

Related UK National News Stories
Click here for the latest headlines.

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.
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.
17 August 2011
'Powerful Rises' As Prices Are Increased
Dual electricity and gas supplier, npower has announced from that from October single fuel customers will see an average increase of 15.7% for gas and 7.2% for electricity. The average standard monthly direct debit dual fuel customer, will see an increase of 37p per day.
09 March 2010
Npower Gas Prices Cut
Npower today announced reductions in domestic gas prices for approximately two million standard domestic gas customers averaging 7%, or £50. These cuts will take effect from 26 March and will make npower cheaper on average than British Gas for gas. Npower said its monthly direct debit gas customers will receive £50 a year discounts, up from £20.
13 January 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.