Paul Massara CEO RWE npower said:
"We welcome today's announcement as an Important step in cutting energy costs for our domestic customers. As a result of this announcement we will reduce our prices. We are currently calculating how large this reduction will be, and can assure our customers that it will fully reflect the reduction in the costs to our business.
"In addition, in order to give our customers greater certainty with their household budgets, we don’t plan to increase energy prices before Spring 2015, unless there are increases in wholesale energy costs or network charges.”
is a leading UK energy company and is part of the RWE Group, one of Europe’s leading electricity and gas companies. We serve around 5.8 million residential and business customers with electricity, gas and energy. Through RWE Generation
, we operate and manage a flexible portfolio of coal, oil, biomass and gas-fired power stations, producing more than 10% of the electricity used in Great Britain. We are also on twitter - @npowerhq