Utilita freezes energy prices until next year

The independent energy supplier Utilita has announced it is freezing its prices until at least April 2018.

The supplier, which has 555,000 customers, also confirmed it is cutting some of rates.

The firm said an average dual fuel customer will save 1.8 per cent.

Utilita claims this means they will be paying on average £184.28 per year less than customers with the Big Six who are on a standard variable tariff.

The announcement comes at a time when energy suppliers are increasingly under the spotlight over price increases, particularly following recent announcements by British Gas and Power NI.

“We have said it time and time again: we will do everything we can to help Britain’s hard-pressed families, particularly in the winter months,” said Utilita chief executive, Bill Bullen.

“We are committed to giving our customers the fairest deal possible, so I am really happy we have managed to cut our prices – and give an assurance that we will freeze them until next spring at the earliest!”