28th January 2016
SSE is slashing its standard gas tariff for by 5.3%, marking a saving of £32.80 on the average bill according to the group.
This marks the third successive price cut from the ‘big six’ supplier in the past two years.
It said that customers are now paying 12%, or £79 less than 2013 levels with a typical dual fuel direct debit bill now £1,068 compared with £1,162 in November 2013.
However its latest reduction is not arriving until 29 March.
Only last week another energy giant E.On said it would cut gas prices by 5.1%.
Commenting on the price cut from SSE, Stephen Murray, energy expert at MoneySuperMarket, said despite the typical £32 saving, customers will still be paying on average nearly £300 more than those who have shopped around and switched to one of the many fixed price deals already available.
He added: “These price cuts are long overdue in view of the sharp falls seen in wholesale gas prices over the last year. And while this is, of course, a step in the right direction, it’s disappointing customers have to wait until the end of March, when the winter is almost over, to see the savings come into effect.
“The most important message for anyone looking to cut the cost of their energy bills is that the best deals can be won by switching, and not by staying on standard tariffs.”