EDF Energy
EDF Energy will reduce prices by 1.3% come 11 February Reuters

EDF Energy has become the latest energy supplier to announce it will be reducing its gas prices, making it the last of the so-called "big six" to do so.

The French firm will cut its standard variable gas prices by 1.3% effective 11 February, making it by far the smallest cut out of all the major players.

Npower, British Gas, E.On, Scottish Power and SSE have all announced in the last fortnight that they will be reducing bills by between 3.5% and 5%. However, wholesale gas prices have fallen by 20% since the start of December 2014.

Beatrice Bigois, managing director of customers at EDF Energy, said: "EDF Energy has a strong track record of acting independently in the interests of customers who have benefited from the best standard variable prices for the majority of the last three years, in comparison to other major suppliers.

"At the same time, one-and-a-half million customers are benefiting from fixed-price deals with no exit fees."

Related