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| Version 1 | Version 2 |
|---|---|
| British Gas to cut gas prices by 5% | British Gas to cut gas prices by 5% |
| (35 minutes later) | |
| British Gas says it will cut household gas prices by 5%, cutting annual energy bills by an average of £35. | British Gas says it will cut household gas prices by 5%, cutting annual energy bills by an average of £35. |
| It is the second gas price reduction in six months by the firm, and it says the two price cuts together will lead to an average total saving of £72. | It is the second gas price reduction in six months by the firm, and it says the two price cuts together will lead to an average total saving of £72. |
| The latest price cut will take effect from 27 August. | |
| Wholesale gas prices have fallen by 25% since December 2014. British Gas said the cut reflected lower projected costs for 2015 and 2016. | |
| British Gas announced a price cut of 5% in January following moves by a number of the other "Big Six" energy suppliers. | British Gas announced a price cut of 5% in January following moves by a number of the other "Big Six" energy suppliers. |
| The price cut will affect 6.9 million energy customers either on standard or "fix and fall" tariffs. | |
| Electricity prices will remain unchanged. | Electricity prices will remain unchanged. |
| The cost of wholesale gas has fallen from 42.9p a therm last December, to 57.9p this week - following falls in the price of oil. | |
| Consumer groups have criticised energy firms in the past for failing to cut prices in line with wholesale costs. | |
| But energy firms say there are many other costs involved. | |
| "There are a range of costs that make up energy bills, some decreasing and others increasing," said Mark Hodges, the managing director of British Gas. | |
| Will you see your gas bill go down? How do you feel about today's announcement? Please email haveyoursay@bbc.co.uk with your experiences. | |
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