Due to significant fell in wholesale gas prices (around 34 percent) over 2015, Ofgem and other government authorities have forced energy companies to reduce gas prices for UK households.
After a long due, E.On energy one of the largest energy supplier of UK announced price cut of 5.1% in household gas price. That is equivalent to £32 off on energy bill. It will be effective from 1st February.
After this announcement another energy giant Scottish Power gave a small relief to their consumers by falling gas prices down by 5.4% but this will be applicable from 15th of March.
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