Pre-pay Energy Supplier, Utilita Energy, are the first supplier to announce that it is cutting its gas prices in the New Year. Utilita Energy have had three price decreases since the beginning of January 2015.
The latest price cut will benefit quarter of a million pre-payment customers. The average customer will see a further 3.54% price reduction coming into effect on 1st January 2016.
Utilita Energy customers have experienced a 9.54% reduction in 12 months – amounting to an average saving of £62.98 for customers.
Utilita Energy CEO, Bill Bullen, said of the announcement:
“Britain’s families – and in particular the elderly – are hard-pressed as it is this time of year and so we will do everything we can to help them. Our customers are entitled to this further cut quite simply because wholesale oil markets continue to fall – our view is if we pay less, we’ll always aim to ensure our customers pay less too.
Our Price Commitment is incredibly important to us; since 2008 we have been committed to doing our best to ensure our prices remain cheaper than the Big Six for pre-payment customers – because heat and light are a necessity, not a luxury.
We have maintained that commitment for seven years and we’ll aim to continue to do so. Giving our customers the best – and fairest – deals we can remains at the heart of everything we do.”
Want to see how Utilita Energy compare with the rest of the market? Click here to be taken to our free and impartial energy comparison and switching tool.