ScottishPower rounds-off price cut flurry

Energy customers will be spoilt for choice after a host of energy price cuts over the past few days, with ScottishPower now following suit.

It is the last of the big six energy suppliers to show its hand, this time offering price cuts of 8% on gas bills as of March 31st.

Around 1.7 million gas customers could benefit from the reductions, which will see the average annual bill fall from £1,362 to £1,289.

Ann Robinson, Director of Consumer Policy at uSwitch.com, said: "It's worth pointing out that while all six major suppliers have announced cuts only one - British Gas - has already implemented it."

She added the household energy prices may soon start to stabilise, which will prove to be good news for consumers.

Other energy suppliers to have cut costs over the last few days include First:Utility, EON and npower.

uSwitch.com said the reductions may still not cancel out the price rises seen over the past two years.

Posted by Martin Ellis