Saving money news
Soaring energy prices starting to look up
6 February, 2007
Scottish & Southern Energy have announced plans to cut their prices over the next few months, something which comes as a welcome relief for consumers
The company has already written to its seven million customers to inform them of the price cuts, but has not yet announced by how much the prices will be falling.
British Gas was the first energy supplier to reveal that it would reduce its current prices, with npower becoming the first to act upon this promise. This proposed reduction is great news for Scottish & Southern Energy’s customers, especially considering that prices were hiked by the company again in January.
Karen Darby, CEO of SimplySwitch.com commented: “Following the drop in wholesale prices, this announcement by SSE is further indication that suppliers are going to slug it out to win customers. While this is great news, until prices actually fall, consumers are still paying too much for their energy.”
She goes on to advise consumers: “Don’t wait for prices to drop as the cheapest tariffs are usually only open to new customers, and there are definitely more competitive deals available for those that have never switched.”
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