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BRIEF-EDF Energy to cut variable UK retail gas price in January
December 16, 2016 / 10:22 AM / 7 months ago

BRIEF-EDF Energy to cut variable UK retail gas price in January

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Dec 16 (Reuters) - Electricite De France SA

* EDF Energy says it will cut UK variable gas prices by 5.2 percent from Jan. 6, 2017, ahead of coldest winter months

* EDF Energy says prepayment customers get 12.9 percent gas price cut three months before the price cap recommended by Competition and Markets Authority takes effect

* Variable electricity prices will be frozen until March 1, 2017, then rise by 8.4 percent

* The combined changes mean EDF Energy's new standard dual fuel direct debit price will increase by 1.2 percent to 1,082 pounds a year, below forecast inflation Source text for Eikon: Further company coverage: (Reporting by Nina Chestney and Oleg Vukmanovic; Editing by Alexander Smith)

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