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05/12/2008

E.ON Announces Reduction In Annual Bills

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E.ON, one of the UK's leading electricity and gas companies, has announced that residential electricity customers in its core regions who are not on mains gas supply will see a reduction in their annual bills of £14.

The move affects customers in the East Midlands, East of England and North West.

E.ON has been in discussion with Ofgem after the regulator's recent market probe found that, while the energy market works well and is competitive, some electricity customers without mains gas could not get the benefits that dual fuel customers receive.
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Graham Bartlett, Managing Director of E.ON's Retail business, said: "We're always looking to price our products as fairly and competitively as possible.

"However, we, like Ofgem, saw that our electricity customers who have no mains gas are simply not able to get some of our best deals. That's why we've decided to level the playing field in our core regions by passing on this special reduction."

Last week, E.ON announced that it hopes to reduce prices for all of its customers as soon as it is able next year, as long as wholesale electricity and gas prices continue to fall.

(CD/JM)

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