ScottishPower has announced that it is to cut its gas prices by an average of 6%.
The rise is likely to affect 1.4 million of ScottishPower customers.
It makes ScottishPower the last major energy supplier to cut its prices in under a week.
However, Neil Clitheroe, ScottishPower's CEO of Energy Retail and Generation, said that prices could rise again:
"Although there has been a short-term fluctuation in the wholesale gas market that has allowed us to pass on today's reductions, the global demand for energy is increasing faster than its supply.
"This will inevitably lead to higher energy costs in the long-term.
"Wholesale charges represent around 55% of the typical gas bill.
"The remainder of the bill is primarily made up of fixed components such as network charges, environmental, social and regulatory costs.
"To get the most from our new lower prices, we would, as always, encourage all of our customers to contact us to make sure they are on the best tariff for their circumstances."
Read the full news story on the ScottishPower price cut.