Npower cuts bills by 2.6%
08/01/2014
Npower has become the last of the major energy suppliers to announce price cuts following the governments changes to green levies on bills.
Npower had previously announced a price rise of 10.6% in December 2013, the largest out of any of the major energy suppliers, but will now cut bills by an average of 2.6% as of 28 February, affecting all customers whose prices went up in December.
The average Npower customer with a dual-duel account will receive a reduction of around £50 a year on their bills, whilst 500,000 electricity only customers will receive a rebate of £12. Those with electricity only accounts however, will wait until the autumn to receive their rebate.
Furthermore, the changes will effect all customers including those on fixed tariffs, something that E.On, EDF and Scottish Power have been criticised for not including. However, other suppliers such as British Gas and SSE have included those on fixed tariffs to benefit from the price cuts.
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