Saving money news
Scottish & Southern Energy reduces its standard tariff
1 March, 2007
Scottish & Southern Energy (SSE) has followed British Gas, npower and Powergen’s lead and cut its standard energy prices for its 7.5 million customers.
From today, SSE will reduce its prices by 12 per cent for gas, and from April 1 2007 it will also cut its electricity bills by 5 per cent, cutting £89 off an average annual dual fuel energy bill.
Save money by switching your energy supplier
Karen Darby, CEO of price comparison and switching service SimplySwitch.com, said: “SSE has followed three of the big six energy companies and announced a drop to its standard energy prices. SSE’s price announcement today will make a difference to its customers and help the energy company regain its position as one of the most competitive energy suppliers in the market.
“Four of the ‘big six’ suppliers have cut their prices and we’re now waiting to see what happens with EDF Energy and Scottish Power/ It will be interesting to see if they announce bigger price cuts and where they will come in to the market.”
After holding back longer than its competitors, SSE’s gas bills last rose by 12.2 per cent while electricity bills rose by 9.4 per cent on the 1 January 2007.
Save money by switching your energy supplier
Darby said: “We urge customers to check their supplier – switching not only reduces household bills, but also helps boost competition and ultimately drives down prices.
“Energy companies should be forced to react more quickly and pass on the price reductions that they have been enjoying.”
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