26 February 2007
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Original content:
<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>Following price cuts and last week's profits announcement, Sam Laidlaw, Centrica's new Chief Executive, announced that 85,000 customers had signed up with the energy supplier in the past week.</p><p>Centrica, the parent company of British Gas, had previously reported losing 20,000 customers each week and Mr Laidlaw told the Scotsman that he hoped this was the start of a turn-around in the provider's market share.</p><p>"The big reason we lost customers last year was because we weren't competitive on price, because our electricity came from gas powered generation, which was significantly more expensive than competitors who had coal powered generation," he said.</p><p>"Since we dropped the prices we're doing very well on sales. Our customers are coming back to us and we're excited about that."</p><p>However, Allan Asher, the Chief Executive of watchdog energywatch, said that more needed to be done by the big energy suppliers to ensure that their new customers remain loyal to them.</p><p>"With the company anticipating further wholesale stability, there is no reason why customers should not expect further price cuts," he told the Western Mail.</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's customer satisfaction score. See how well your gas & 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&itemid=18071533" style="border:0 0 0" />© Adfero Ltd</a></a></p></div>