Caroline Flint comment on SSE’s decision to cut its gas price by 4.1 per cent with effect from 30 April 2015

Caroline Flint MP, Labour’s Shadow Energy and Climate Change Secretary, commenting on SSE’s decision to cut its gas price by 4.1 per cent with effect from 30 April 2015, said: 

“This latest price cut shows that Ed Miliband was right to challenge the energy companies to pass on the falls in wholesale costs to consumers. It also shows that you can freeze prices to stop them rising and still cut them when wholesale costs fall.  But with wholesale gas prices down by over 20 per cent, a price cut of just 4. 1 per cent, delayed for over three months, is hardly a good deal for consumers. 

"The next Labour government is committed to making big changes in our energy market: freezing energy prices until 2017 so that bills can fall but not rise, and giving the regulator the power to force energy companies to cut their prices and pass on the full savings from wholesale cost falls to all consumers.”