Energy Choices

Energy Choices

March 17, 2010 20:00 ET

Consumers Advised to Compare Energy Prices Now, as Scottish Power Finally Cuts Prices

LONDON, UNITED KINGDOM--(Marketwire - March 17, 2010) - Scottish Power has announced a gas price cut from 31 March, making it the last of the "big six" energy firms to do so this season. Experts are advising consumers that this is the best time to compare energy prices and switch, as fair comparisons can be made between all the suppliers and there are unlikely to be any more big changes in the market for a while.

The Scottish Power gas price cut will shave 8% off its customers' bills, saving average customers Pounds Sterling 66 a year and undercutting British Gas.

This announcement follows hot on the heels of similar ones by EDF, E.ON, Scottish and Southern and Npower, who will all be making cuts of between 4 and 7% by the end of March. British Gas started the trend by lowering its own prices by 7% back in February.

Raymond Jack, Scottish Power director of energy retail, encouraged consumers to take up the discounts offered to those who manage their accounts online, or who pay by monthly direct debit, saying: "To get the most from our new lower prices we would also encourage all of our customers to make sure they are taking advantage of our best deals.

"By making simple changes to the way they pay and by choosing to manage their account online, Scottish Power customers could make further savings."

Chris Eagle, commercial manager at www.energychoices.co.uk, says now is the best time to switch. "We've been waiting for Scottish Power to make their move in the latest energy price war. Now they have, there's a level playing field and gas prices can be compared properly without the threat of another price change in a matter of weeks. Switching is one of the easiest ways to save money on your energy bills, and now is the best time to do it."

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