Scottish Cup sponsor and independent energy provider Utilita Energy – which was the first UK energy supplier to cut its gas prices this year – is now also the first to slash them for a second time in 2016.
Britain’s leading pre-pay energy provider will reduce prices by an average 5.7% with effect from 1 April and follows a 3.54% gas price cut on 1 January.
More than 275,000 homes across the UK will benefit from these price reductions, which mean that Utilita’s average pre-pay customer is already saving £55.62 in 2016 alone after both price cuts.
It also reinforces Utilita Energy’s Price Commitment – in place since 2008 – to ‘remain cheaper than the Big Six energy providers’.
Bill Bullen, Chief Executive, Utilita Energy, said: “We don’t sit on our hands and wait for others – we consistently promise to pass on savings to our customers as soon as we can and we consistently achieve that.
“We did it in January 2015, then again in April, then in October, then again on New Year’s Day this year– and we have done it again. All rolled together, those cuts mean our customers are saving an average £97 per year.
“We do this because our Price Commitment to be cheaper than the Big Six –always putting our customers first – is at the heart of every decision we make. That won’t change.
“Wholesale oil prices continue to fall and our customers have every right to benefit from that – that is why we were the first supplier in Britain to cut prices in 2016 and we are now the first to do it twice in 2016.”
Utilita Energy has seen its customer base treble from 90,000 in April 2014 to more than 310,000 by February 2016. In January, it was name as one of the ‘top five’ energy providers for quality and service by Which? – the London based consumer group.