Energy firm SSE is cutting its household gas prices by 4.5% from the end of March. The Scottish supplier says this will benefit 3.5 million households in Britain. SSE also provides gas under offshoot firms such as Scottish Hydro and Southern Electric.
The move comes hot on the heels of Big Six rival EDF’s own gas price drop yesterday which prompted consumer groups to demand other firms follow suit, as well as this morning’s electricity price cut from British Gas.
SSE’s cut will kick in a month after EDF’s and it claims the change will cut customers’ typical gas bills by around £28 a year. It has also decided to extend its pledge to put a cap on household electricity and gas prices back to October 2012.
Alistair Phillips-Davies, Generation and Supply Director of SSE, said customers deserved some “respite” from recent rises.
Announcing the drop today, he said: “I hope that this package of measures will give our customers some respite from the seemingly endless rises in household costs that we have seen in recent times. The cut in household gas bills shows customers that we will bring down prices when we can and our decision to extend to October our pledge not to increase prices will give our customers some additional certainty about the costs they will face in the course of this new year.”