Energy company SSE has announced it will be passing on savings worth £50 to a typical dual fuel customer. The savings were made possible by the government's announcement of a consultation to reduce the future costs associated with the Energy Company Obligation.
William Morris, managing director, retail, said:
"We promised our customers that they would benefit from any cost savings and although there is some detail still to be worked out, we are able to commit to lowering our prices. If the proposals set out today are implemented, it will mean energy costs for a typical dual fuel customer can be cut by around 4%.
We continue to believe that policy costs should be paid through general taxation, not energy bills. The Warm Homes Discount changes are therefore a step in the right direction.