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Energy suppliers likely to go on price cut war, experts believe


The UK’s largest energy suppliers could be going on a price cut war in the near future following the revelations from the Competitions and Markets Authority (CMA), experts in the field have recently argued.

The CMA revealed that customers could have saved an average of £160 per year by shopping around for the energy. Only a few days after these findings were released, three suppliers have already announced changes that indicate the CMA’s report is stirring the market up.

First Utility, British Gas and SSE were among the first to move to cut prices and launch cheap deals, and the rest of the suppliers are likely to follow.

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The HeatingSave Building Energy Management System helps customers save more than 30% on their bills by optimizing any heating system’s overall functionality. This is done by taking into account a variety of factors, such as internal and external temperatures, occupancy, time of the year, the particular characteristics of installed boilers, etc. All of the data is used in order to determine the best heating patterns for the various heating zones within any building, using our proprietary heat-loss algorithm.

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