Scottish and Southern Energy makes bills cheaper

Wednesday, 28 February 2007 12:00

Scottish and Southern Energy (SSE) has become the latest company to make its gas and electricity cheaper.

From March 1st the company will cut its gas prices 12 per cent, and from April 1st it will drop its electricity prices five per cent.

"Since last September, we have made clear our intention to cut gas and electricity prices if there was a sustained fall in wholesale prices which would allow us to do so, and so I am very pleased that we have now been able to make this announcement," said Alistair Phillips-Davies, SSE energy supply director.

"I hope that today's announcement marks the start of a sustained downward trend in the prices paid by customers."

The move by SSE is the latest push in an ongoing price war among energy providers.

Powergen dropped its prices yesterday, and earlier this month British Gas cut prices 17 per cent for gas and 11 per cent for electricity. The following week Powergen dropped some of its regional tariffs, seeing British Gas respond the following day with new price cuts of its own.

However, analysts are predicting the SSE deal might be the one to go for among this period of price cuts.

"Scottish and Southern Energy has played the role of the 'good guy' in the energy market for some time now due to its winning formula of the cheapest prices coupled with the best service," said Geoff Slaughter, energy product manager at the uSwitch.com comparison service.

"We can still expect a bit of jostling from the other suppliers but, given Scottish and Southern Energy's track record of giving value for money, I would have no hesitation in saying that this is the move we've been waiting for and the time to switch is now."

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