Centrica plc British Gas extends its price freeze until August
February 10 2017 - 6:15AM
UK Regulatory
TIDMCNA
10 February 2017
Centrica plc
('Centrica' or 'the Company')
British Gas extends its price freeze until August
British Gas, owned by Centrica plc, today announces that it will
extend its price freeze for its customers on its standard energy
tariff until August. Despite increases in external costs, in the
last year British Gas has consistently offered one of the cheapest
standard energy deals available, made possible by significantly
reducing our own costs. Our standard tariff continues to be cheaper
than 95% of the market.
At the end of last year we made commitments which we are now
delivering. We committed to make all energy deals available to all
customers and to give customers on our standard tariff an annual
energy health check to make sure they are on the right tariff for
them.
We are engaging all of our customers on our standard tariff with
a range of new offers. It is important to us to ensure that
customers continue to make an active, informed choice over their
energy. We are continuing to invest in improving customer service
and technology.
Mark Hodges, recently announced as Chief Executive, Centrica
Consumer said:
"We're pleased to give our customers on standard tariffs the
peace of mind that the price they're paying will remain unchanged
until August. In the last year British Gas has consistently offered
one of the cheapest standard energy tariffs.
In a competitive market with over 50 suppliers we are determined
to give our customers great offers and services. In December we
promised to take tangible action to improve how the energy market
works for all our customers. That effort continues. We aim to do
even more in the coming months to meet our customers' needs, earn
their business, and reward their loyalty."
ENDS
Enquiries:
Investors and Analysts: tel: +44 (0)1753 494900 email:
ir@centrica.com
Media: tel: +44 (0)1784 843000 email:
media@centrica.com
Centrica plc is listed on the London Stock Exchange (CNA)
Registered Office: Millstream, Maidenhead Road, Windsor,
Berkshire SL4 5GD
Registered in England & Wales number: 3033654
Legal Entity Identifier number: E26EDV109X6EEPBKVH76
ISIN number: GB00B033F229
View source version on businesswire.com:
http://www.businesswire.com/news/home/20170210005271/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
February 10, 2017 06:15 ET (11:15 GMT)
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