SSE to cut gas prices by 4.1%, but not until April

Fifth ‘big six’ energy supplier to announce price reduction.

SSE has announced it will cut the cost of gas on its standard tariff by 4.1%, but not until 30th April.

Perhaps as an attempt to make up for this, SSE has pledged not to raise prices on gas or electricity until at least July 2016.

SSE is the fifth of the ‘Big Six’ energy companies to announce a cut this month, however its customers have the longest to wait until it comes into effect.

After Easter SSE customers will save an average of £28 a year based on typical gas usage.

Around three million households on SSE’s standard variable tariff, including those on dual fuel and gas only tariffs, will benefit from the cut.

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Big six gas price cuts

E.ON was the first of the major energy suppliers to announce it was making a cut to gas prices, following pressure from ministers about passing on the fall in wholesale costs.

The wholesale price of gas has tumbled 20% in the last year.

British Gas, ScottishPower, npower and now SSE have duly followed.

EDF is the only major energy supplier left to announce a cut.

Here is a table of the price cuts announced so far and the date they come into effect.

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The cheapest deals right now

If you want to save money now here are the top 10 fixed dual fuel tariffs to go for.

As you can see, you could save serious money by switching supplier now.

Source: lovemoney gas & electricity comparison centre.

Prices based on average consumption as measured by Ofgem of 13,500kWh of gas and 3,200 kWh of electricity and a customer paying by monthly direct debit including VAT.

*Not available in region 17 - Scottish Hydro area

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