Let Battle Commence – Four Suppliers Join in Energy Price
on: October 2, 2009, 10:08 am
has officially been the busiest day of the year for energy
price cuts with four suppliers announcing changes. The day
started with E.ON knocking smaller rival First:Utility off the
cheapest supplier spot by cutting its online prices by £19.
But in a David and Goliath move, First:Utility hit back, cutting
its online prices by £13 from £967 a year to £954
a year on average.
move sees First:Utility back in place as Britain’s cheapest
supplier, although E.ON’s plan is available countrywide
while First:Utility’s plan is only available in 12 out of
14 energy regions.
also ventured into the fray, but its move was more cautious. It
has cut its gas rates in 5 regions taking the annual bill on its
Online Energy Saver 7 plan to £972 from £975.
final moves of the day are on mainstream rather than online plans.
EDF Energy has changed its direct debit discount for standard
customers from a fixed annual discount to a 6% discount. This
will cut bills for the average customer from £1,147 to £1,118.
It is also cutting prices for gas only customers. These moves
mean that EDF Energy now offers the cheapest dual fuel standard
plan paying by monthly direct debit and is the cheapest
gas only supplier.
Marples, energy expert at uSwitch.com,
says: “Given the amount of speculation and debate
about price cuts this week, these moves could be seen as a bit
of a peace offering. They don’t have the impact of a full
blown price cut, but in the run up to winter they will be welcome.
Whether consumers will be completely appeased remains to be seen,
but the key thing now is to move to one of these competitive plans
to make sure you benefit from lower prices in time for winter.”
more information please contact: Jo Ganly 0207 802 2915 / firstname.lastname@example.org http://www.uswitch.com/
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