How today’s price cuts stack up with winter energy rises
A bevy of figures has been announced this morning as the energy firms respond to the government's pledge to cut green levies, in a bid to ease the impact of energy bill hikes.
The move comes as part of a package of measures announced over the weekend. It also follows the coalition denial that it had approached energy firms asking them to freeze bills until the 2015 election.
British Gas
- Announced a 9.2 per cent price rise in household energy which took effect on 23 November – 8.4 per cent on gas and 10.4 per cent on electricity.
- Today: said it's cutting the average dual fuel bill by £53 – £41 off the average annual duel fuel bill, plus a £12 customer rebate for the government's Warm Home Discount scheme. Will take effect from 1 January.
SSE
- Announced an 8.2 per cent price rise which took effect on 15 November.
- Today: said it's cutting the typical duel fuel bill by around £50. Will take effect from April.
E.ON
- Announced that it will not be raising prices in 2013.
- Today: said it won't be raising prices over the next 18 months unless wholesale costs go up.
EDF and Npower are still number-crunching:
EDF
- Announced a a 3.9 per cent price rise from 1 January 2013.
- Yesterday: said that it'll freeze prices before 2015.
Npower
- Announced a 10.4 per cent price rise from 1 December.
- Today: said that it would not raise prices by any more unless wholesale costs go up.