Confused.com: npower finally cuts its prices

Gareth Kloet, head of utilities at Confused.com, comments on npower's decision to reduce its electricity prices: "Today's decision by npower to reduce its electricity prices by 7.5%, but to keep gas prices the same, is another case of an energy company acting too little, too late when it comes to cutting prices in the best interest of its customers, says Confused.com.

"Npower is the last of the ‘Big Six' energy companies to announce a price reduction and, like four of the other major suppliers, has opted to keep its customers waiting until the end of March until these come into effect.

"Disappointingly, once again, npower's price cuts do not signal the slashing of its prices across the board; rather, a patchy reduction which has totally overlooked gas prices.

"While some of npower's customers will benefit from these price reductions, shopping around is still the most effective way of ensuring savings; in fact, the average Confused.com customer saved a whopping £252 last year by switching their energy supplier or tariff.

"In addition, Confused.com's new Quick Quote feature has been designed specifically to help customers to find a better deal, in a matter of minutes."