Scottish Power to cut average gas bill by £32 from March

Scottish Power has announced it is to cut its standard domestic gas prices by an average of 5.4% from mid-March, the third supplier to announce such a drop in two weeks.

Scottish Power said the reduction, effective from March 15, would benefit more than one million customers and reduce the average annual standard gas bill by £32.

It follows SSE announcing on January 28 that it will lower standard gas tariffs by 5.3%, also saving household gas customers on average £32 a year, and E.ON saying on January 20 that it will lower gas prices by 5.1% from February 1.