Powergen: We'll beat British Gas for 18 months

15 February 2007

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<div class="rxbodyfield" xmlns:o="urn:www.microsoft.com/office" xmlns:st1="urn:www.microsoft.com/smarttags" xmlns:st2="urn:www.microsoft.com/smarttags2" xmlns:w="urn:www.microsoft.com/word" xmlns:x="urn:www.microsoft.com/excel"><p>Energy supplier Powergen has thrown down the gauntlet to British Gas and other utility companies by promising its customers three packages which will undercut British Gas&#39; tariffs for at least the next 18 months.</p><p>Online discounts with Powergen have shot up 4.2%, making it 6.2% or &#163;54 cheaper than British Gas&#39; best rate. Officials at Powergen have assured consumers that reductions in its bills will follow &quot;shortly&quot;.</p><p>Geoff Slaughter, Product Manager at the price comparison and switching website uSwitch.com, said: &quot;Powergen is hitting straight back at British Gas with this guarantee and setting a challenge to all the other providers who have yet to make a move. </p><p>&quot;With British Gas&#39; market share falling to 48%, Powergen has spotted a chink in British Gas&#39; armour and is attempting to thrust home its advantage.&quot;</p><p>Mr Slaughter went on to state that Powergen&#39;s online assault had made it the cheapest online provider in eight regions in the UK, compared to British Gas&#39; record of being the cheapest supplier in six of them.</p><p>&quot;The message for consumers is coming in loud and clear - the market is being shaken up, but the best deals to be had are still online,&quot; he concluded.</p><p>Is your energy supplier giving you the best price and service? uSwitch.com not only compares the cost of energy plans but also gives you the supplier&#39;s customer satisfaction score. See how well your gas &amp; electricity suppliers perform, with the <a href="http://www.uswitch.com/Energy/Index.aspx?">uSwitch.com energy calculator - you may be surprised at the results!</p><p><a href="http://www.adfero.co.uk" target="_blank"><img alt="track" src="http://feeds.directnews.co.uk/feedtrack/dn.gif?feedid=362&amp;itemid=18062088" style="border:0 0 0" />&#169; Adfero Ltd</a></a></p></div>