Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

British Gas has frozen one of its energy tariffs for the winter

City A.M. Thursday, 1 December 2016
The nation's largest energy supplier is freezing its standard tariffs for the winter.

It follows action by SSE which became the first major supplier to promise a price freeze, saying it was capping standard household energy tariffs until April 2017. Renewable power firm Good Energy became the first supplier to guarantee it will not raise gas and electricity prices this winter last month.

The move by British Gas will put pressure on its rivals to follow suit and comes amid building political pressure on the big names to treat their loyal customers more fairly.

In a statement Mark Hodges, chief executive of British Gas, said: "We will be keeping the price of our standard variable energy tariff unchanged through this winter. It's already one of the cheapest standard deals available, and this move will help bring some peace of mind to more than six million of our customers."

It has also launched a deal which British Gas says will allow households to fix their energy prices for three successive winters through to March 2019. It said it will ensure customers can access its best deals.

Last month, business secretary Greg Clark met industry representatives following claims that energy suppliers were profiteering from loyal customers. 

Clark said a report from Energy UK which the Sun obtained a copy of, "appears to confirm my concern that the big energy firms are punishing their customers' loyalty rather than respecting it".

He added: "Customers who are loyal to their energy supplier should be treated well, not taken for a ride, and it's high time the big companies recognised this."

A recent report from uSwitch found a third of working families were already struggling to foot their energy bills, despite there being no "major" price hikes for almost three years.


*Britain's Big Six energy providers*

British Gas
EDF Energy
E.ON UK
Npower
ScottishPower
SSE
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

Recent related news

Exploring 'Perseverance Valley' During Winter

Exploring 'Perseverance Valley' During Winter
Pasadena CA (JPL) Sep 21, 2017 Opportunity is continuing the winter exploration of "Perseverance Valley" on the west rim of Endeavour Crater. Winter is...
Space Daily - Science

88 Energy shuts down Icewine-2 programme for Alaskan winter

88 Energy Ltd (LON:88E, ASX:88E) has shut-in the Icewine-2 well for the winter, anticipating a new programme starting in April or May 2018. The company, in a...
Proactive Investors - Business

Africa Energy Acquires Interest in Namibia

*VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 13, 2017) -* Africa Energy Corp. (TSX VENTURE:AFE) ("Africa Energy" or the "Company") announces the...
Marketwired - Press Releases


You Might Like


Other recent news in Business

A pro-Uber in LONDON petition already has almost 35,000 signaturesHere's Theresa May's Florence speech on BREXIT in full
UBER LOSES licence in LondonUBER LONDON ban: Sadiq Khan and TFL's statement in full after ride-hailing app's licence not renewed
Global Markets: NORTH KOREA jitters ease as focus moves to Brexit speechTHERESA MAY proposes a transition period during Brexit speech in Florence
Apple is falling on the first day the IPHONE 8 is being sold (AAPL)Trump threatens to brand Rand Paul as 'the Republican who saved OBAMACARE'
Wisconsin CREDIT union launches class action against EquifaxBehind new OBAMACARE REPEAL vote: ‘Furious’ Republican donors

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+