Scottish Power have followed the other major suppliers and announced domestic gas price cuts of 5%, but not for all their customers.

These price cuts will come into effect as of the 27th of February but will only benefit 60% of their customers. Only customers on dual fuel and gas contracts who pay by direct debit will benefit, this excludes many customers who are on fixed tariffs.

Neil Clithroe, Scottish Power's CEO of Energy Retail and Generation said when announcing the price cuts that, "although there has been a short-term fluctuation in the wholesale gas market that has allowed us to pass on today's reductions, the global demand for energy is increasing faster than its supply. This will inevitably lead to higher energy cost in the long-term." (energylivenews.com, 17/01/2012)