Advertisement

Npower to cut standard gas tariff prices by 5.2%

Npower is cutting its standard domestic gas tariff Credit: PA

Energy firm npower has announced a 5.2% reduction in its gas prices effective from 28 March 2016.

This will lower standard domestic gas tariff prices by an average £32 a year, according to the firm.

The savings will apply to both new and existing customers and 1.2 million will benefit from this price cut, a statement on its website said.

This cut in gas prices is welcome news for many of our customers. We have balanced the wholesale price fall against increases in the other costs we are charged.

– Paul Coffey, chief executive of npower

It follows similar cuts from rival Big Six providers SSE and E.On last month.