Powergen beaten by SSE in energy price war

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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>A 16% reduction in gas prices and a 5% decrease in the cost of electricity offered yesterday by Powergen has today been beaten in the price war as Scottish and Southern Energy hit back today with the news that its tariffs will be &#163;40 cheaper than Powergen and &#163;79 cheaper than British Gas.</p><p>Yesterday Powergen was claiming to be the cheapest dual fuel supplier on the market, but now Scottish and Southern Energy, whose brands include those from SWALEC, Scottish Hydro Electric, Atlantic Electric and Gas and Southern Electric, has regained that crown which it held for the majority of 2006.</p><p>In addition, Scottish and Southern Energy is implementing its new gas prices from March 1st and its electricity prices from April 1st, 50 and 29 days respectively quicker than Powergen latest price promises.</p><p>As with many other energy suppliers, consumers who chose an online tariff are the ones with the smallest bills to pay, with Scottish and Southern Energy just pipping Powergen&#39;s annual online charges of &#163;781 per year, by charging &#163;1 less.</p><p>Geoff Slaughter, Energy Product Manager at uSwitch.com commented: &quot;While its new standard tariffs have rocked British Gas, npower and Powergen back down the cheapest supplier table, [Scottish and Southern Energy] is simply playing follow-my-leader with its online tariffs, undercutting npower by only 48 pence.</p><p>He continued: &quot;We can still expect a bit of jostling from the other suppliers but, given Scottish and Southern Energy&#39;s track record of giving value for money, I would have no hesitation in saying that this is the move we&#39;ve been waiting for and the time to switch is now.&quot;</p><p>Could you save money by switching? <a href="http://www.uswitch.com/Energy/Index.aspx?">Compare your current energy bills on uSwitch.com and see how much you could save on your bills.</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=18074404" style="border:0 0 0" />&#169; Adfero Ltd</a></a></p></div>