Scottish Power has announced it is to cut gas prices by an average of 8% from the end of March. The company said its 1.6 million domestic gas customers would save an average of £66 a year on their bills. In addition, 60,000 customers who have been identified as vulnerable and who heat their homes with electricity are to get a £50 rebate.
On Wednesday, EDF Energy said it was reducing its residential gas prices by 4%, the second cut in six months. Energy suppliers have been criticised for not passing on cuts in wholesale oil and gas prices to customers.
It is funny how long it takes for the power guys to identify and cut its own power bills!
