Ovo Energy announces 2.5% price cut

Press Association

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Stephen Fitzpatrick
Stephen Fitzpatrick

An energy company has announced a 2.5% price cut for consumers, saying that the mild winter weather has meant that gas and electricity are cheaper.

Ovo Energy claimed that the reduction meant its bills were now about £180 a year cheaper than the average of the Big Six companies which supply the bulk of the UK's households.