Property News · February 25, 2017

The truth about falling gas prices


For many of EDF’s five million customers they have actually gone upIn December one of the “big six” energy firms, EDF, had some good news for consumers. In a press release it said it would be “cutting gas prices again ahead of the coldest winter months, and will hold back electricity price rises until March”. It added that “electricity costs have been rising for some time, but gas prices are not facing the same pressures. The company believes it is right that prices reflect this”.The response was generally positive. The Mail said the company was “breaking ranks” with rivals on gas prices, in a move that would “put pressure on the remaining big six”. The Guardian focussed on the fact that, after March, electricity prices would jump 8.4%, but dutifully reported the gas price cut. The BBC went for a straight “EDF to cut gas bills, but raise electricity prices”. Continue reading…

Source : theguardian.com
Read more…The truth about falling gas prices

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