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Fuel bill cuts after Govt pledge

British Gas is to cut duel fuel bills and other energy firms have announced price freezes after the Government revealed measures it hopes will cut bills by an average of £50 a year. But Ed Miliband has dismissed the plans as "smoke and mirrors".

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E.ON 'does not expect to raise prices in next 18 months'

Energy firm E.ON said it does not expect to have to raise prices in the next 18 months "as a result of social or environment obligations".

E.ON said in a statement that the Government's energy announcement "should mean our customers pay less next year".

E.ON said the announcement means its customers 'should pay less next year'. Credit: Rui Vieira/PA Wire

"There remains a risk, however, that increases in network charges or wholesale energy costs for example could force a price increase", it said in a statement, adding, "But the company very much hopes that situation does not occur".

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