Monday, April 30, 2007

EDF Energy Cuts U.K. Consumer Gas Prices; Electricity to Remain Unchanged

(Bloomberg) -- EDF Energy, the U.K. unit of Electricite de France SA, said today it would lower its charges for residential gas customers, after regulators criticized the company for not cutting prices as its costs fell.

Gas tariffs will be reduced by 10.2 percent for customers using standard gas tariffs starting June 15, the company said in an e-mailed statement. Electricity rates will remain unchanged.


Read more at Bloomberg Energy News

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