15th Jul 2015 09:03
WINDSOR (Alliance News) - Centrica PLC Wednesday said British Gas intends to reduce household gas prices by 5%, cutting annual energy bills on average by 35 pounds, effective August 27.
The price cut will benefit 6.9 million British Gas customers on Standard and Fix & Fall tariffs.
This is the second gas price reduction in six months, and will bring the average total saving to 72 pounds for British Gas customers.
Electricity prices remain unchanged, despite several elements making up the bill rising steadily.
Centrica shares were down 0.1% to 277.7 pence on Wednesday.
Copyright RTT News/dpa-AFX
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