According to the BBC's "Working Lunch", Powergen are to reduce their gas prices by 16% and electricity by 5%.
EdF and Scottish & Southern Electric are due to announce their price decreases shortly.
Come on Gal - you must surely work for Powergen or they must have something on you if you believe they dont think about profit when they make these decisions. I can't swallow the fact that this not a consideration when deciding when to be reducing prices.
If it was purely about having necessary lead in times then did they wake up one day this week and just decide to decrease bills; of course not, they'll have known for weeks what their plans are and surely an organisation of such magnitude could get wheels in motion much quicker than two months from announcement and no doubt three months from deciding about changing.
Or are Scottish and Southern Energy just amazingly efficient in being able to announce price reductions on 28th February, with effect from 1st March?
Staywarm Standard users will see a 5% reduction - Users classed as medium and high users will not.
New plans have just been announced by the Government
DON'T assume your landlord covers you
Incl £2ish sun cream & £1.50 disposable BBQs